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SMIC to buy 70% of LFoundry

Jessie Shen, DIGITIMES, Taipei Monday 27 June 2016 0

Semiconductor Manufacturing International (SMIC) has reached an agreement with LFoundry Europe (LFE) and Marsica Innovation (MI) to acquire a 70% stake in LFoundry for EUR49 million (US$54.5 million), according to the companies.

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