SMIC buying chip equipment

September 2, 2003 – Calling all equipment makers — Shanghai-based semiconductor firm SMIC wants to buy $1 billion in chipmaking equipment for its new plant in Beijing, according to local reports.

The company expects to produce 150 million chips every month, thanks to new SRAM orders from Toshiba. SMIC already has two 8-in. wafer fabs in Shanghai.

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