JCET

JCET began construction of a 12-inch wafer-level packaging plant in Shaoxing, Zhejiang, China, with a total investment of 80 billion yuan (about 1.34 trillion won). Phase 1 will have annual capacity of 480,000 12-inch wafers.

JCET Group has entered into an agreement to acquire Analog Devices' test facility in Singapore. The transfer of ownership is expected to be completed by May 2021, and JCET will take on additional ADI test business at the facility.

SMIC's subsidiary sold 19.61% equity in Suzhou Changdian Xinke to JCET and subscribed to 150 million shares of JCET. The China Securities Regulatory Commission approved the transactions on May 10, 2017, making the agreements effective.

SPTS Technologies, an Orbotech company, received an order for its Mosaic Plasma Dicing System from JCAP Corporation, a JCET company and Chinese advanced packaging services provider.