Shanghai Based Brite News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Brite Semiconductor IPO: Shanghai-based Brite, despite offering chip design and manufacturing services to several Chinese military suppliers and being partly owned by SMIC, which the Trump Administration blacklisted in December 2020, has avoided U.S. sanctions and continues to enjoy access to U.S. technology.

BEIJING -The Shanghai Stock Exchange on Monday said that Brite Semiconductor, partly owned by Chinese chip foundry Semiconductor Manufacturing International Corporation , met all the conditions for...