SMIC Boosts 2016 Capex by a Third to $2.1 Billion

Semiconductor Manufacturing International Corp. (SMIC), China's largest foundry, said it will increase capital expenditures for 2016 by a third to $2.1 billion as it aims to capture strong growth in the world's fastest growing chip market.

from EETimes: http://ift.tt/1SVwzwz
via Yuichun