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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (841)	4/21/2002 9:19:29 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Yep, China foundries are in talks The rumors are still running rampant about an alliance between two silicon foundry startups in China--Semiconductor Manufacturing International Corp. (SMIC) of Shanghai and Huaxia Semiconductor Manufacturing Co. (HSMC) of Beijing. The companies are reportedly pooling their resources and build an 8-inch fab in Beijing. The deal is supposed to be announced April 18 (see Heard on the Beat, April 12 ). Contacted about the proposed SMIC-HSMC alliance, a spokeswoman from SMIC dropped hints that there are in fact preliminary talks going on between the two companies. Beyond that, the spokeswoman declined to comment on the matter.--M.L.