Jenny Lee on semiconductor manufacturing
From Claure, Lee & Mnuchin on Growth in a Complex Economy · · Bloomberg Live
“The first trend is this is that I we see from a venture lender that innovation is going back to foundation and fundamental technology. Now, why do I see this right? We talk a lot about semiconductor now. Now all of a sudden, all countries realize that we better have some semiconductor capabilities. And what's happening? Right. So when I say back to fundamentals, the 20 IT nano meter process, not for foundry is best invoke. You don't have to be tree nano. If you have nothing you start with 28 now. And so if you track if you just track, where are the 28 nanometer foundries being being built today? You have TSMC in Japan, you have India with the Tata Group coming up with that keeping up very soon. We've got 28 Nano Malaysia are now seeing Singapore and using strategies and I'm sure here in the UK as well announcing so so so the and what that does is it allows basic fundamental technology that we thought we don't need that's coming back.”
On , Jenny Lee, Partner at GGV at GGV Capital, spoke about semiconductor manufacturing during Claure, Lee & Mnuchin on Growth in a Complex Economy on Bloomberg Live.
About Jenny Lee
Jenny Lee, senior managing partner at Granite Asia (formerly GGV Capital), spoke at the 2025 Qatar Economic Forum, where she discussed the emergence of regional technology clusters. She stated that "the days of one company taking almost the whole market are ending" and that regional economies can now support multiple players per vertical due to local nuances like language and payment systems. Lee also highlighted Asia's STEM talent pool, estimating that 6 to 7 million STEM professionals are trained in the region annually, and identified AI plus robotics as a key focus area, noting that countries like Qatar and Singapore can use automation to leapfrog in manufacturing. In a January 2025 interview, Lee discussed her firm's fundraising during the COVID-19 pandemic, stating that Granite Asia raised $2.5 billion over hundreds of Zoom calls, which she described as working "20‑hour days." She also reiterated her investment philosophy, emphasizing the importance of founder passion and deep problem-solving over trend-chasing, and identified robotics as the next major tech wave. Lee has been recognized on the Forbes Midas List and was named Outstanding Overseas Executive of the Year in 2018.