Beijing plans 12-inch wafer fab, pouring US$4.6 billion into state-backed chip project

Beijing plans 12-inch wafer fab, pouring US.6 billion into state-backed chip project

Beijing is set to spend 33 billion yuan (US$4.6 billion) building a 12-inch wafer fabrication facility, led by state-owned enterprises and funds, marking another step in China’s efforts to boost domestic semiconductor production Leading firms involved in the new facility include Beijing Yandong Microelectronics (YDME), which is listed on Shanghai’s Star Market, and BOE Technology, … Read more