China's SMIC to take full control of unit SMNC in $5.8 ...
14 hours ago · China's top foundry SMIC said on Monday that it plans to acquire the remaining 49% stake in unit SMNC for 40.6 billion yuan ($5.79 billion), giving it full control of the unit.
China's SMIC to Take Full Control of Unit SMNC in $5.8B Deal
1 day ago · Economic news China's SMIC to Take Full Control of Unit SMNC in $5.8B Deal Gurutrade December 29, 2025 at 5:30 PM 77 BEIJING, Dec 29 (Reuters) - China's top …
As at the date of this announcement, as (i) China IC Fund holds 32% equity interests in SMNC; and (ii) E-Town Capital holds 24.51% equity interests in Semiconductor Manufacturing Beijing …
SMIC acquires remaining stake in wafer unit for US$5.8 billion
1 hour ago · Semiconductor Manufacturing International Corp. (SMIC), China's largest contract chipmaker, said on Monday it will take full control of its SMNC wafer manufacturing unit in a …
Techmeme: China's SMIC plans to acquire the remaining 49% ...
13 hours ago · China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned; SMNC focuses on 12" integrated circuit wafers — …
China's SMIC plans to accumulate the remaining 49% stake in ...
1 day ago · Technology China's SMIC plans to accumulate the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned; SMNC focuses on 12" built-in circuit wafers …
SMIC's Strategic Acquisition of SMNC and Its Implications for ...
Sep 8, 2025 · - SMIC acquires full ownership of SMNC, backed by state funds, to consolidate China's semiconductor capabilities amid U.S. sanctions. - The move aims to streamline …