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Hua Hong Grace Semiconductor announced a $2 billion investment to build a new 12-inch specialty line in Wuxi, China, adding 55,000 wafers per month to capacity. The project is via a joint venture with state-backed investment entities.
“Major Chinese foundry Hua Hong Grace Semiconductor is pouring US$2 billion into a massive capacity expansion in the Chinese chip production hub of Wuxi.”scmp.com
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