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)…