SMIC to open Shenzhen production plant (Jan 31)
The biggest chipmaker in China, Semiconductor Manufacturing International Corp. (SMIC), said that it would invest US$1.58 billion to start a new integrated circuit production project in Shenzhen. The new facility will be built as an integrated-circuit technology research and development center. The entity will also set up an 8-inch wafer production line and a 12-inch chip fabricating plant. SMIC said the 12-inch chip fabricating plant will have an advanced process technology licensed from International Business Machines Corp. SMIC expects work on the the first phase of the project will begin in the first half of 2008 and complete in the end of 2009.
Fore more reading: http://www1.cei.gov.cn/ce/doc/cenl/200801310632.htm