Friday, September 3, 2021

SMIC to Invest $8.87 Billion for New Chip Plant in Shanghai

SMIC will invest $8.87 billion (roughly Rs. 64,830 crores) to build a chip plant in Shanghai, expanding capacity amid a global chip shortage as Beijing pushes to boost independence in the sector. https://ift.tt/3gWfnrK
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TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of stagnation (Kathrin Hille/Financial Times)

Kathrin Hille / Financial Times : TSMC says it will raise 2025 capital spending to $38B-$40B, an over 30% increase after three years of s...