Chinese chip foundry SMIC to invest $7.5 billion in Tianjin Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) (0981.HK) on Friday said it signed a framework agreement for a 12-inch foundry production line in Tianjin with registered capital of $5 billion and planned investment of $7.5 billion. https://www.reuters.com/technology/chinese-chip-foundry-smic-invest-75 billion-tianjin-2022-08-26/ Category: China