Samsung Expands Recall of Galaxy Note 7 Smartphones

Washington – Recall Summary Name of Product: Samsung Galaxy Note 7 smartphones Hazard: The lithium-ion battery in the Galaxy Note7 smartphones can overheat and catch fire, posing serious fire and burn hazard to consumers. Remedy: Refund, Replace Consumers should immediately stop using and power down all Galaxy Note7 devices, including Note7 devices received as replacements in the previous…

SMIC to Build New 12-Inch Wafer Fab in Shanghai

Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, today held the groundbreaking ceremony of a new 12-inch wafer fab inShanghai to meet SMIC Shanghai’s increasing production and development needs. China’s Ministry of Industry and Information Technology (MIIT)…