SMIC Aims to Raise More Than $3B for Expansion
By Alan Patterson, EETimes (May 11, 2020)
The board of China’s biggest foundry earlier this month approved a proposal to issue 1.69 million new shares on China’s Sci-Tech Innovation Board, also known as the STAR market, for technology companies. Based on the value of SMIC’s shares listed in Hong Kong, the sale of the new shares could raise about $3.2 billion.
To read the full article, click here
Related Semiconductor IP
- Band-Gap Voltage Reference with dual 2µA Current Source - X-FAB XT018
- 250nA-88μA Current Reference - X-FAB XT018-0.18μm BCD-on-SOI CMOS
- UCIe D2D Adapter & PHY Integrated IP
- Low Dropout (LDO) Regulator
- 16-Bit xSPI PSRAM PHY
Related News
- ZeroPoint Technologies raises EUR 3.2 million in seed funding to reduce energy consumption of data centers by more than 25%
- Rivos Raises More Than $250M Targeting Data Analytics and Generative AI Markets
- Efficient Computer Raises $60 Million to Advance Energy-Efficient General-Purpose Processors for AI
- Nantero Secures more than $30mm in Funding
Latest News
- SEMI Reports Worldwide Silicon Wafer Shipments Increase 13% Year-on-Year in Q1 2026
- POLYN Technology Announces Tapeout of Automotive Chip
- QuickLogic Establishes New Banking Relationship and Secures $10 Million Revolving Credit Facility
- TES is extending its PMU IP portfolio for X-FAB’s XT018 - 0.18µm BCD-on-SOI technology.
- RF Front-End Modules & Components IP Trends – Q1 2026 Monitoring Release