China’s Leading Chip Maker SMIC Obtains $3.15 Million Property in Shenzhen for 12-Inch Wafer Plant

Shenzhen Business Daily reported on Tuesday that Semiconductor Manufacturing International Corporation (SMIC) recently obtained new property Pingshan District, Shenzhen, for 20.1 million yuan ($3.15 million), spanning a total land area of 34,703 square meters and a building area of 69,410 square meters. The property will be used to set up an original eq…