{"id":6243,"date":"2025-09-01T11:01:07","date_gmt":"2025-09-01T11:01:07","guid":{"rendered":"https:\/\/jobuzo.com\/en\/smic-to-take-full-control-of-chip-foundry-as-chinas-fab-industry-consolidates\/"},"modified":"2025-09-01T11:01:07","modified_gmt":"2025-09-01T11:01:07","slug":"smic-to-take-full-control-of-chip-foundry-as-chinas-fab-industry-consolidates","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/smic-to-take-full-control-of-chip-foundry-as-chinas-fab-industry-consolidates\/","title":{"rendered":"SMIC to take full control of chip foundry as China\u2019s fab industry consolidates"},"content":{"rendered":"
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In a statement last week, the company said it planned to buy the remaining equity interest in Semiconductor Manufacturing North China (Beijing) Corporation (SMNC), a subsidiary that is currently 51 per cent owned by SMIC.<\/p>\n

The chipmaker said it would buy the stake from state-owned investors including the China Integrated Circuit Industry Investment Fund, the Beijing Semiconductor Manufacturing and Equipment Equity Investment Centre, Beijing E-Town International Investment & Development and Zhongguancun Development Group.<\/p>\n

SMIC said the agreement was preliminary and aspects of the transaction were under discussion. SMIC’s Shanghai-listed shares were suspended from Monday for a period of no more than 10 trading days. SMIC’s Hong Kong-listed shares gained more than 5 per cent on Monday morning and later closed up nearly 4.9 per cent at HK$63.65.<\/p>\n

The move was part of a broader effort by China’s major chip foundries<\/span> to consolidate their businesses and bolster growth. Hua Hong Semiconductor, China’s second-biggest contract chipmaker, said last week that it would buy 97.5 per cent of its sister foundry Shanghai Huali Microelectronics.<\/div>\n
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Hua Hong’s Shanghai-listed shares stopped trading last month when it unveiled the plan, and resumed trading on Monday. Its Shanghai shares gained 12.5 per cent on Monday morning while its Hong Kong-traded shares fell 1 per cent.<\/p>\n<\/div>\n

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SMIC to take full control of chip foundry as China’s fab industry consolidates<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Advertisement In a statement last week, the company said it planned to buy the remaining equity interest in Semiconductor Manufacturing North China (Beijing) Corporation (SMNC), a subsidiary that is currently 51 per cent owned by SMIC. The chipmaker said it would buy the stake from state-owned investors including the China Integrated Circuit Industry Investment Fund,…<\/p>\n

Read More “SMIC to take full control of chip foundry as China\u2019s fab industry consolidates”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":6244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=6243"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/6243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/6244"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=6243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=6243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=6243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}