According to the agreement, it is planned to be established in the new production line established in the Xingxing Industrial Park in the West Qing Development Zone. It can produce 100,000 pieces of 12 -inch wafers per month and serve the process of 28 nanometer to 180 nanometer chips.node.Products are mainly used in the fields of communications, automotive electronics, consumer electronics, industry and other fields.

At the same time, SMIC will set up a production subsidiary in the Xiqing Development Zone to cooperate with the Tianjin Xiqing District Government to operate the production line with initial registered capital of 5 billion yuan.Tianjin Xiqing Economic Development Group and the Management Committee of the Development Zone also agreed to provide support for land use and project industry talents for SMIC.

SMIC did not explain when the new production line will be put into production in the announcement.

SMIC was sanctioned by the United States for being accused of linked to the Chinese military, and it was forbidden to purchase the US chip manufacturing equipment and technologies in the United States.In the context of the increasingly fierce competition between China and the United States for chip development technology, SMIC has been trying to expand production capacity.In addition to Tianjin, SMIC is also building a new 12 -inch production line project in Beijing, Shenzhen, and Shanghai.At present, SMIC has three 8 -inch wafer fab and three 12 -inch wafer fab in Shanghai, Beijing, Tianjin, and Shenzhen.

On the same day of the announcement of the expansion plan of SMIC, SMIC announced the financial report of this year's half year. In the first half of this year, SMIC achieved operating income of 24.592 billion yuan (RMB, the same below, 4.989 billion, 4.989 billionSingapore), a year -on -year increase of 52.80%; net profit attributable to the mother was 6.252 billion yuan, an increase of 19.30%year -on -year; the basic earnings per share were 0.79 yuan.