# 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.

- Type: Acquisition
- Announced: 2026-05-11
- Where: Beijing, China
- Value: $5.60B (40.6B CNY)
- Status: announced
- Capacity: 75,000 wafers per month
- Products: 12-inch wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Semiconductor Manufacturing International Corporation](https://endata.com/companies/19550.md) (acquirer)
- [SMIC Northern](https://endata.com/companies/91879.md) (target)
- [Semiconductor Manufacturing North China](https://endata.com/companies/92101.md) (target)

## Sources

- [newsglobenow.com](https://www.newsglobenow.com/new351103.html), 2026-05-11: "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."
- [en.shuziqushi.com](https://en.shuziqushi.com/new352962.html), 2026-05-13: "This transaction marks the largest merger and acquisition in the history of the STAR Market."
- [chinasourcingnews.com](https://www.chinasourcingnews.com/2026/05/22/1549212-smics-acquisition-of-smnc-signals-major-merger-on-shanghais-star-market/), 2026-05-22: "SMIC's Acquisition of SMNC Signals Major Merger on Shanghai's Star Market"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.