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Powerchip sets up fab in China
Taiwanese Powerchip Technology and the Hefei city government of China's Anhui province, has held a ground breaking ceremony for the company's new 12-inch wafer fab in Hefei, China.
The company reached an agreement with Hefei Construction Investment and Holding in mid-2015 regarding an investment into a wafer foundry in Hefei, China. The foundry will be a 12-inch fab running 0.15-micron, 0.11-micron and 90nm manufacturing processes, writes DigiTimes citing a filing with the Taiwan Stock Exchange.