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Chinese chipmaker SMIC to invest US$280 million in advanced assembly...

2015-09-17 13:27:22| Semiconductors - Topix.net

Semiconductor Manufacturing International Corp , China's biggest contract manufacturer of integrated circuits, is teaming up with Qualcomm to invest US$280 million in the development of an advanced assembly package line for the country's growing chip industry. Shanghai-based SMIC and a subsidiary of Qualcomm, the world's leading supplier of mobile chips, signed on Wednesday a non-legally binding term sheet to invest in SJ Semiconductor, a specialist in advanced wafer-level packaging and testing based in the eastern coastal province of Jiangsu.

Tags: advanced million chinese assembly

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