SMIC International establishes a new semiconductor company with a registered capital of $432 million

Radar Finance reports that Tianyancha business information shows that recently, Shanghai XinSanWei Semiconductor Co., Ltd. was established. The legal representative is Wang Yong, and the registered capital is $432 million. Its business scope includes integrated circuit manufacturing, integrated circuit sales, manufacturing of integrated circuit chips and products, sales of integrated circuit chips and products, import and export of goods, technology import and export, and more. Shareholder information shows that the company is wholly owned by Semiconductor Manufacturing International Corporation.