China's state-backed funds invest $2.25B into a chip factory of local company Semiconductor Manufacturing International and plans to up monthly capacity by 5x (Bloomberg)




Bloomberg:

China’s state-backed funds invest $2.25B into a chip factory of local company Semiconductor Manufacturing International and plans to up monthly capacity by 5x  —  – State-backed funds invest in Semiconductor Manufacturing plant  — China is aiming to increase monthly capacity by 5 times



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