The Shanghai plant of Semiconductor Manufacturing International Corporation (SMIC), the first 14-nanometer production line in China, has been put into operation, the company said on its website.
SMIC has successfully achieved mass production of the first-generation 14-nanometer FinFET process last year. The SMIC Shanghai plant will build two integrated circuit advanced production lines with a monthly capacity of 35,000 pieces.
According to the Pudong Times, SMIC's Shanghai plant has achieved its goal one year earlier than expected.
At the end of last year, SMIC released its third quarter financial report for 2019, with revenue of US $816.5 million, an increase of 3.2% compared with $790.9 million in the previous quarter, compared with $850.7 million in the same period last year.
The profit was $84.662 million, an increase of 1014.8% compared with $7.591 million in the same period last year.
