Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) said it had signed a framework agreement to invest $7.5 billion for a new 12-inch foundry production line in Tianjin.
A logo of Semiconductor Manufacturing International Corporation is seen at China International Semiconductor Expo following the coronavirus disease outbreak in Shanghai, China October 14, 2020. REUTERS/Aly Songsaid it had signed a framework agreement to invest $7.5 billion for a new 12-inch foundry production line in Tianjin.
According to a late Friday filing, the new fab will have a production capacity of 100,000 12-inch wafers per month serving process nodes between 28 nanometres and 180 nanometres.The plant will be run as a subsidiary of SMIC in cooperation with the government of Tianjin's Xiqing district, and will have an initial registered capital of $5 billion, the filing said.Backed partially by government funds, SMIC is the leading chip manufacturer in China.
The Tianjin fab will be the fourth the company has under construction in China, complementing three 8-inch fabs and three 12-inch fabs in operation in the country.
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