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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

 

Breakfast cereal maker Kellogg to invest $450m to tap African market

2015-09-16 01:00:00| Food Processing Technology

North American breakfast cereal maker Kellogg has agreed to pay $450m for a 50% stake in Multipro, a Nigeria-based food sales and distribution company that is owned by Singapore-based Tolaram.

Tags: market african breakfast maker

 
 

AkzoNobel, Eneco and Groningen Seaports Invest in Sustainable Steam Generation

2015-09-15 07:00:00| Coatings World Breaking News

Tags: generation invest sustainable steam

 

Nestle to invest on production line in Ukrainian facility

2015-09-15 01:00:00| Food Processing Technology

Switzerland-based food company Nestle is set to invest over UAH100m ($4.4m) in its Ukraine plant in 2015.

Tags: line production facility invest

 

Telecom Argentina to invest ARS 18 bln in mobile network

2015-09-14 15:12:00| Telecompaper Headlines

(Telecompaper) Telecom Argentina has announced plans to completely overhaul its mobile network in an ARS 18 billion (USD 2 billion) investment over the 2015-17 period, starting with ARS 5.5 billion this year alone. After securing spectrum in the 850 MHz and 1900 MHz bands, Telecom Argentina will increase the capacity of its 2G and 3G network by 50 percent over the next two years. In addition, with a view to meeting traffic demand and helping to manage the migration to 4G, the company intends to boost its IP backbone network capacity by ten times. Telecom Argentina's mobile unit Personal currently has 4G services in 22 cities in 16 provinces and the operator plans to increase the number of base stations in the greater Buenos Aires metropolitan area by 50 percent between 2015 and 2016.

Tags: network mobile argentina telecom

 

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