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Europe's No 2 chip maker STMicroelectronics to form US$3.2 billion semiconductor joint venture with China's Sanan Optoelectronics in Chongqing

The new joint venture underscores China’s efforts to remain strong in ‘legacy semiconductors’ amid US trade sanctions that restrict the mainland’s access to advanced integrated circuits and chip-making equipment.
Sanan Optoelectronics Semiconductor Joint Venture Silicon Carbide Electric Vehicle Industrial Power Jean Marc Cherry
Source: scmp.com

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