SMIC acquires 70% stake in LFoundry for EUR49 million

SMIC acquired a 70% stake in LFoundry, an 8-inch foundry producing 40,000 wafers monthly, for EUR49 million (US$54.5 million).

“earlier in 2016 SMIC acquired a 70% stake in LFoundry for EUR49 million (US$54.5 million).”semiwiki.com

• 1 source
• semiwiki.comSMIC expanding 28nm volume in 4Q2016, 14nm planned in 2018Daniel NenniDec 2, 2016

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