Online information source for semiconductor professionals
SMIC to spin off package and test units and expand solar operations in Shanghai
Popular articles
New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
â??Velocityâ?? the new buzzword in Intelâ??s PQS annual awards - 12 April 2012
Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008
TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008
Chinese semiconductor foundry Semiconductor Manufacturing International Corp. (SMIC) has announced plans to spin off its solar cell and chip packaging and testing units. The Reuters report claimed that the company would list the spun-off divisions’ shares and set up new solar cell production lines in Shanghai.
The report, which cited Taiwan’s Commercial Times newspaper, said that SMIC also plans the combination of its Chengdu and Shanghai packaging and testing operations. Should the venture prove profitable, SMIC will list the new combined unit on the domestic market within three years.