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Hua Hong Semiconductor announced plans to build a $6.7 billion chip fab in Wuxi, China, in a joint venture with a municipal entity. The factory will produce 300mm (12-inch) semiconductor wafers for power and memory chips.
“The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory.”asiafinancial.com
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