# SMIC to build $2.35B chip foundry in Shenzhen

SMIC has agreed with the Shenzhen government to build a new wafer fabrication plant in Shenzhen, China, focusing on 28nm and above technologies, with a capacity of 40,000 12-inch wafers per month. Production is expected to begin in 2022.

- Type: New facility
- Announced: 2021-03-17
- Where: Shenzhen, China
- Value: $2.35B
- Starts operating: 2022
- Status: announced
- Capacity: 40,000 12-inch wafers per month
- Products: 28nm and above wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Semiconductor Manufacturing International Corporation](https://endata.com/companies/19550.md)
- [Shenzhen government fund](https://endata.com/companies/53917.md) (investor)

## Sources

- [scmp.com](https://www.scmp.com/tech/big-tech/article/3125908/smic-joins-shenzhen-government-us235-billion-chip-foundry-28-nm-node), 2021-03-18: "SMIC said it has entered into an agreement with the Shenzhen government to build a new wafer fabrication plant in the southern tech hub."
- [cnbc.com](https://www.cnbc.com/2021/03/18/chinas-top-semiconductor-maker-smic-to-build-a-2point35-billion-plant-.html), 2021-03-18: "Semiconductor Manufacturing International Corporation (SMIC), China's largest and most important chipmaker, is building a new factory in Shenzhen that will cost $2.35 billion."
- [chinadaily.com.cn](https://www.chinadaily.com.cn/a/202103/19/WS605402bda31024ad0bab0361.html), 2021-03-19: "It will add much-needed extra production capacity to SMIC amid a global chip shortage, so that the mature process of SMIC can be fully loaded."

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