JV to build US$1b plant
By Zhu Shenshen |
May 16, 2012, Wednesday
|
Print Edition
Print Edition
SEMICONDUCTOR Manufacturing International Corp and Beijing's city government will form a joint venture for the construction of a highly-advanced US$1 billion chip factory in the capital, the Chinese mainland's biggest chip maker said yesterday.
Although SMIC and the Beijing government didn't reveal investment details of the company's second-phase wafer plant, analysts estimated it will be at least US$1 billion.
"It's a good time for SMIC to increase production capacity because the market is going to rebound," said Vincent Gu, an analyst of iSuppli, a US-based research firm.
The second phase of SMIC's Beijing plant will cost US$1 billion to US$2 billion, Gu said.
The SMIC Beijing plant will operate at the more advanced 45/40 nanometer and 32/28 nanometer technology nodes.
Although SMIC and the Beijing government didn't reveal investment details of the company's second-phase wafer plant, analysts estimated it will be at least US$1 billion.
"It's a good time for SMIC to increase production capacity because the market is going to rebound," said Vincent Gu, an analyst of iSuppli, a US-based research firm.
The second phase of SMIC's Beijing plant will cost US$1 billion to US$2 billion, Gu said.
The SMIC Beijing plant will operate at the more advanced 45/40 nanometer and 32/28 nanometer technology nodes.
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