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China Resources Microelectronics has begun building a new factory for 12-inch wafers in Shenzhen. The first phase investment is RMB 22 billion ($3.03 billion), with a designed capacity of 480,000 wafers per year for 40nm and larger process products.
“Major Chinese semiconductor firm China Resources Microelectronics has begun building a new factory for its 12-inch wafers in the southern Chinese city of Shenzhen, according to an Oct. 29 announcement from the local government.”technode.com
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