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China steps up consolidation of foundries, sources say

Claire Sung, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 17 February 2009 0

Market sources have indicated that the Shanghai government will appoint the new chairman of Grace Semiconductor Manufacturing Corporation (GSMC) to lead the resources of GSMC and Hua Hong NEC (HHNEC) once the two foundries are merged. The new state-run...

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