DigiTimes reports: China-based pure-play foundry Semiconductor Manufacturing International (SMIC) has obtained financial support from the government to accelerate the development of its 14nm and more advanced process technologies.
SMIC announced recently China's National Semiconductor Industry Investment Fund (known as the Big Fund) and Shanghai Integrated Circuit Investment Fund (SICIF) have made capital investments in subsidiary Semiconductor Manufacturing South China (SMSC), which will become a joint venture between the parties. The stake in SMSC held collectively by SMIC Shanghai and SMIC Holdings has therefore reduced to 50.1% from 100%, SMIC added.
SMSC was founded at the end of 2016 with a capital base of only US$210 million, SMIC disclosed. With the Big Fund and SICIF becoming SMSC's new shareholders, SMSC is able to expand its registered capital to US$3.5 billion, with the Big Fund and SICIF holding 27.04% and 22.86%, respectively, of the JV company.
SMIC announced recently China's National Semiconductor Industry Investment Fund (known as the Big Fund) and Shanghai Integrated Circuit Investment Fund (SICIF) have made capital investments in subsidiary Semiconductor Manufacturing South China (SMSC), which will become a joint venture between the parties. The stake in SMSC held collectively by SMIC Shanghai and SMIC Holdings has therefore reduced to 50.1% from 100%, SMIC added.
SMSC was founded at the end of 2016 with a capital base of only US$210 million, SMIC disclosed. With the Big Fund and SICIF becoming SMSC's new shareholders, SMSC is able to expand its registered capital to US$3.5 billion, with the Big Fund and SICIF holding 27.04% and 22.86%, respectively, of the JV company.
Full article: LINK
This should mean a lot of ALD equipment invest for self aligned multiple pattering (SAMP) and high-k / metal gate stack, which if all goes like elsewhere should be open for a large amount of ASM International single wafer tools. In addition, Applied Materials Olympia may be in for a match in SAMP processing according to my understanding of the FEOL Logic market.
Fab startegy from SMIC company presentation (LINK)
Established in 2000, Semiconductor Manufacturing International
Corporation ("SMIC") is one of the leading dedicated semiconductor
foundries in the world and the largest and most advanced foundry in
Mainland China. SMIC has the following wafer fabs (www.smics.com)
Shanghai: one 300mm wafer fab; one 200mm wafer fab
Beijing: two 300mm wafer fabs
Tianjin: one 200mm wafer fab
Shenzhen: one 200mm fab
Italy: one 200mm wafer fab
Beijing: two 300mm wafer fabs
Tianjin: one 200mm wafer fab
Shenzhen: one 200mm fab
Italy: one 200mm wafer fab
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