SMIC, Crossbar Partner on RRAM Production

Semiconductor Manufacturing International Corporation (“SMIC”, NYSE: SMI; SEHK: 981), China’s largest and most advanced semiconductor foundry and one of the world’s largest foundries, and Crossbar, Inc., the RRAM(Resistive Random Access Memory) technology leader, jointlyannounced today that they had signed a strategic partnership agreement on non-volatile RRAM development and production. As part of the partnership, SMIC and Crossbar have signed an agreement to provide RRAM blocks based onSMIC’ 40nm…