SMIC affiliate to launch IPO to raise funds for foundry capacity expansions

Staff reporter, Taipei; Willis Ke, DIGITIMES Asia 0

Credit: SMEC

China-based SMEC (Semiconductor Manufacturing Electronics, ShaoXing), an affiliate of China's top foundry SMIC, has filed an application to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, looking to raise CNY12.5...

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