An engineer holds a chip he was testing at the Taiwan Semiconductor Research Institute in Hsinchu. Photo: Reuters.
China’s Hua Hong Semiconductor has announced plans to build a state-backed $6.7-billion chip fab, in a joint venture with a “municipal entity” from China’s Wuxi city, Yicai Global reported.
The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory. They are widely used to make power and memory chips.
Read the full report: Yicai Global.
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