Friday, August 27, 2004
Hynix Semiconductor Inc said that it signed a formal contract to jointly set up two chip plants in China together with European semiconductor giant STMicroelectronics NV.
The contract was signed between Hynix and the municipal government of Wuxi, a city in eastern China, the Korean chipmaker said. The plant will have production facilities of 8-inch and 12-inch wafers, which are due to be completed in the latter half of next year. Mass production is expected to begin in 2006.
By: DocMemory
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