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SMIC Reportedly Invests US$430M to Establish New Semiconductor Firm
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Shanghai Xinsanwei Semiconductor (literal translation of "上海芯三維半導體"), a wholly-owned subsidiary of SMIC (00981.HK), was recently established, with Wang Yong being its legal representative and a registered capital of US$432 million, Chinese media quoted information from Qichacha as saying.

The Company's business scope includes the manufacturing and sales of integrated circuits, as well as the manufacturing and sales of integrated circuit chips and products, etc..

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.
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