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Providing technology nodes of 28nm or higher, with a monthly production capacity of 100,000 units
SMIC will invest $8.87 billion to build a 12-inch foundry production line.
On the 2nd, SMIC signed a joint venture structure agreement with the Shanghai Free Trade Zone Linhang New Area Management Committee.
According to this, SMCI and the Shanghai Free Trade Zone Lingang New Area Management Committee plan to jointly establish a joint venture in the Shanghai Lingang Free Trade Zone.
The joint venture plans to build a 12-inch wafer foundry production line with a monthly production capacity of 100,000 units.
It focuses on integrated circuit wafer foundry and technology services providing 28nm and higher technology nodes.
SMIC plans to invest approximately $8.87 billion in this project.
The registered capital of this joint venture is expected to be 5.5 billion dollars.
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