The Digital Source For China's Tech Innovation Since 2000

Search
Close

SMIC to Make investments $8.87 Billion for New Chip Plant in Shanghai

October 30, 2021
Source: newsworldpress.com newsworldpress.com
News Snapshot:
SMIC to Make investments $8.87 Billion for New Chip Plant in Shanghai PC/Laptops By Newsworldpress Last updated Oct 30, 2021 Share SMIC will make investments $8.87 billion (roughly Rs. 64,830 crores) to construct a chip plant in Shanghai, increasing capability amid a worldwide chip scarcity as Beijing pushes to spice up independence within the sector. The growth by China’s largest chipmaker comes because the scarcity rattled the automotive and electronics industries, spurring new capability plans by corporations like Taiwan Semiconductor Manufacturing Corp and GlobalFoundries. SMIC mentioned it agreed to construct a manufacturing line with month-to-month capability of 100,000 12-inch wafers...
Go To Original Source →
Tags: America | Automotive | Beijing | blacklist | brand | capital | chip | circuit | electric vehicle | enterprise | Gadgets & Electronics | Guangdong | Japan | manufacturing | military | Navy | PC | Pudong | semiconductor | Shanghai | Shenzhen | SMIC | Taiwan | Tesla | USA

Other Related News:

China’s tech giants race ahead with new ride-hailing offerings as Didi Global stumbles

August 14, 2022

Viral Video: Elon Musk's Doppelganger In China Stuns Internet

August 14, 2022

About digital agency shanghai

August 14, 2022

The Queen of Biomedicine Sells Batteries 2/ A Tesla needs 5,000 iPhone batteries, Taiwanese industry leaders are vying for a cross-border “new oil” lithium battery battle Finance CTWANT

August 14, 2022

World at War Episode 15: China's biggest military drills shift status quo in Taiwan Strait Mozolo Online

August 14, 2022

Taiwan: The primacy of the semiconductor ecosystem

August 14, 2022

Chinese affective program economic climates: dating, live online streaming, and you will performative work to the Blued

August 14, 2022

Tesla Pace at Giga Shanghai, Musk More Shares Rollover, Canoo’s Declining Cash Position, Nikola Announces New Leadership: Biggest EV Stories of the Week

August 14, 2022

At least 300 TikTok employees previously worked for Chinese state-aligned media: Report

August 14, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....