ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China chipmaker SMIC to build $7.5bn plant in Tianjin

Key producer ramps up capacity as Beijing pushes for stronger semiconductor industry

Semiconductor Manufacturing International Corp. is China's largest contract chipmaker.   © Reuters

CHENGDU, China -- Semiconductor Manufacturing International Corp. will invest $7.5 billion to construct a new factory in the city of Tianjin, the Chinese chipmaker announced Friday, as China and the U.S. race to bolster their domestic chip supplies.

SMIC, China's largest contract chipmaker, has reached an agreement to set up a new subsidiary based in an economic development zone in Tianjin. It will have the production capacity for 100,000 12-inch wafers a month, though SMIC did not say when operations are expected to begin.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more