Gareth Kung says SMIC hopes to significantly increase LFoundry’s production capacity in the next three to four quarters. Photo: Dickson Lee

Chipmaker SMIC targets new foreign acquisition to bolster expansion

Shanghai-based firm seeks to drive new business from untapped market segments

Topic |   Mergers & Acquisitions

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Gareth Kung says SMIC hopes to significantly increase LFoundry’s production capacity in the next three to four quarters. Photo: Dickson Lee
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