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SMEC (Shaoxing SMEC Microelectronics Co., Ltd.), a spin-off of SMIC, has increased manufacturing capacity at its 200mm wafer fab in Shaoxing, China, to 70,000 wafer starts per month, up from 40,000 in Q4 2020. The company plans to spend an additional 6 billion yuan (about US$925 million) over five years.
“SMEC has now increased manufacturing capacity to 70,000 wafer starts per month, according to a Digitimes report.”eenewseurope.com
Summarized from public sources; check the original articles before acting on it.