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SMIC Holdings Establishes a New Semiconductor Company
People’s Finance Information, April 1—According to the Qichacha app, recently, Shanghai XinSiWei Semiconductor Co., Ltd. was established. The legal representative is Wang Yong. Registered capital is US$432 million. Its business scope includes integrated circuit manufacturing, integrated circuit sales, integrated circuit chip and product manufacturing, integrated circuit chip and product sales, and others. Qichacha’s equity penetration view shows that the company is wholly owned by Semiconductor Manufacturing International Corporation.