SMIC acquires full control of SMIC Northern in 40.6B RMB deal

Semiconductor Manufacturing International Corporation (SMIC) secured regulatory approval to acquire the remaining 49% stake in SMIC Northern for 40.6 billion RMB, taking full ownership of the Beijing 12-inch wafer fab.

“The buyout allows China's largest chipmaker to increase its ownership from 51 percent to 100 percent, taking full control of the Beijing-based manufacturing facility.”newsglobenow.com

• 3 sources
• newsglobenow.comSMIC Acquires Full Control of SMIC Northern in 40.6B RMB DealNewsGlobeNow Editorial TeamMay 11, 2026
• en.shuziqushi.comSMIC Acquires Full Control of SMIC Northern for 40.6 Billion YuanMay 13, 2026
• chinasourcingnews.comSMIC’s Acquisition of SMNC Signals Major Merger on Shanghai’s Star Market – China Sourcing NewsMay 22, 2026

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