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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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From: bobs103/12/2008 11:07:47 AM
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SMIC new NOR investment.

digitimes.com

article:

Meanwhile, Semiconductor Manufacturing International Corporation (SMIC) recently began photolithography equipment move-in at the 12-inch plant in Wuhan, China, it is establishing in partnership with the Hubei provincial government.

SMIC will focus on the production of NOR flash and NAND flash, as well as multi-chip package (MCP) and one-time-programmable (OTP) memory, of which the company plans to start pilot runs of 3,000 units in mid-2008. Capacity is expected to reach 6,000-8,000 units by the end of 2008, according to SMIC CEO, Richard Chang.

me:

Sounds like MirrorBit licensee SMIC is finally getting its NOR business going. As I remember it they're just going to produce ORNAND, at least at first. Since ORNAND competes with NAND that should say something about SPSN's tech since SMIC was going nowhere with just SFUN's help.
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