SMIC teams up with SZ to build US$2.35b chip foundry
CHINA’S largest chipmaker Semiconductor Manufacturing International Corp. (SMIC) has entered into an agreement with the Shenzhen government to build a new wafer fabrication plant in the tech hub. The new plant, to be operated by SMIC Shenzhen, will focus on mature chipmaking technologies of 28-nanometer and above, with the aim of producing 40,000 12-inch (30-centimeter)…