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Semiconductor Manufacturing International Corp. (SMIC) plans to invest $7.6 billion to build a new integrated circuit production base at the Beijing Economic Technological Development Area. The joint venture will focus on 28nm and above mature processes, with first-phase capacity of 100,000 12-inch wafers per month.
“The project will help boost production capacity to meet growing demand, improve SMIC's positioning in the international market and promote Beijing's integrated circuit industry.”www2.yicaiglobal.com
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