SMIC To Set Up $12 Billion Plant In Shanghai, China For Sub-14nm Chip Nodes Feb 7, 2021 11:47 EST
The Municipal and Development Reform Commission of the Chinese Eastern Port city Shanghai has announced the list of major construction projects for 2021. This list focuses on-chip fabrication firms, adding a host of other names in addition to the Semiconductor Manufacturing International Corporation (SMIC), which is widely thought of as China s only alternative to the Taiwan Semiconductor Manufacturing Company (TSMC) in the wake of stringent American sanctions.
SMIC, Others To Receive Government Support In Setting Up Chip Fabrication Lines In Shanghai, China
The list covers several industries which the Shanghai authorities have deemed necessary for social development and keeping up with global industries. It consists of 166 projects in total, out of which seven chip firms including SMIC have also made the cut.