An Interest In:
Web News this Week
- April 4, 2024
- April 3, 2024
- April 2, 2024
- April 1, 2024
- March 31, 2024
- March 30, 2024
- March 29, 2024
Some of Our Sources
- Techcrunch
- Web Designer Wall
- Just Creative
- Joshua Blankenship
- The Logo Smith
- Six Revisions
- Fudge Graphics
- Willems Lab
- Daily Now
- TechPowerUp
Help Webnuz
Referal links:
May 18, 2020 08:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/CdeMEq_35VQ/china-injects-22-billion-into-local-chip-firm
China Injects $2.2 Billion Into Local Chip Firm
China's state-backed funds pumped $2.25 billion into a Semiconductor Manufacturing International Corp. wafer plant to support advanced-chip making as Washington tightens technology restrictions on the Asian nation. From a report: The Semiconductor Manufacturing International Corp. plant's registered capital jumps from $3.5 billion to $6.5 billion after the investment, the company said in an announcement on Friday. The chipmaker's stake in the Shanghai facility will drop from 50.1% to 38.5%, it said. The plant has capacity to produce 6,000 14-nanometer wafers a month and plans to boost that to 35,000. The new investment came as Washington moved to prevent sales to Huawei by chipmakers using U.S. technology. The Commerce Department on Friday said it would require licenses before allowing U.S. technology to be used by the Chinese company or its 114 subsidiaries, including its chip-design unit HiSilicon.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/CdeMEq_35VQ/china-injects-22-billion-into-local-chip-firm
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot