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China’s SMIC to Build $8.87 Billion Chip Production Line in Shanghai

September 4, 2021
Source: eprimefeed.com eprimefeed.com
News Snapshot:
TAIPEI—Semiconductor Manufacturing International Corp., China’s largest chip maker, said it is teaming up with the Shanghai government to build an $8.87 billion chip production line in the city, furthering China’s ambitions for semiconductor self-sufficiency in the middle of a global chip shortage. In a Friday regulatory filing, SMIC said that the chip production facility will be built through a joint venture with the Shanghai government’s Lin-Gang Free Trade Zone Administration. It would specialize in the mature technologies of 28-nanometer process nodes and higher and churn out 100,000 12-inch wafers a month when complete, SMIC said. Source: https://www.wsj.com/
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Tags: chip | facility | free trade | government | international | IT | joint venture | LINE | manufacturing | production | semiconductor | Shanghai | SMIC | trade

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