Chinese SMIC to acquire the full ownership of the sub -company – Report

SMIC, a contract for the contracting chips in China, plans to gain full control of a sub -muse, amid constant unification in the semiconductor industry in the country, Post morning South China I mentioned, quoting the company’s announcement.

The report said that SMIC intends to purchase the remaining shares in North China (Beijing) manufacture of semiconductor (SMNC), which is currently owned by 51 % of SMIC.

The acquisition will include state-owned investors, including the Integrated Circuit Investment Fund in China, the Beijing Semiconductor Manufacturing and Equity Equity Investment, Beijing E-Town International Investment & Development, Zhongguancun Development Group.

The company noted that the agreement is still in the initial stages, with certain elements of the treatment under negotiation.

After the announcement, the SMIC shares listed in Shanghai for a maximum trading of a ten -day trading were suspended.

SMNC was founded in June 2013 with the aim of creating important manufacturing capabilities, especially focusing on 45 Nanomerent and Technologle, with a monthly capacity of 35,000 chips, as shown in the SMIC annual report for 2013.

In 2021, SMNC expressed the $ 1.51 billion operating revenues and a net profit of $ 314 million, according to the SMIC report for 2022.

In the first half of 2025, SMNC and another SMIC, a SMBC manufacturing company (SMBC), was created collectively created 8.87 billion yuan ($ 1.24 billion).

The net profit of these two entities was 125 meters yuan.

In the first half of the year, SMIC recorded an increase in revenue by 22 % on an annual basis, reaching about $ 4.46 billion, while net profits increased by 35.6 % to $ 320 million.

In August 2025, Hua Hong Semiductor, the second largest contract maker in China, revealed plans to get 97.5 % of her brother’s mascara, Shanghai Huali Micro -electronics.

China SMIC to acquire the full ownership of the sub -company – Report “originally created and published by RulingThe brand owned by Globaldata.

Information on this site was included in good faith for public media purposes only. It is not intended to reach the advice that you should depend on, and we do not provide any representation, guarantee or guarantee, whether it is explicit or implicit in relation to accurately or completing it. You must have a professional or specialized advice before taking any action based on the content on our website.