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China's semiconductor dreams stumble as another fab collapses

Summary by digitimes.com

On June 13, 2025, Jiangsu Advanced Memory Semiconductor Co., Ltd. (AMS) announced that its restructuring plan had been abandoned. The planned investment from Huaxin Jiechuang Integrated Circuits Manufacturing (Guangdong) Co., Ltd. was canceled after multiple delays in fund transfers, leading both sides to terminate the agreement.

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China's semiconductor dreams stumble as another fab collapses

On June 13, 2025, Jiangsu Advanced Memory Semiconductor Co., Ltd. (AMS) announced that its restructuring plan had been abandoned. The planned investment from Huaxin Jiechuang Integrated Circuits Manufacturing (Guangdong) Co., Ltd. was canceled after multiple delays in fund transfers, leading both sides to terminate the agreement.

8 hours ago

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digitimes.com broke the news in 8 hours ago on Tuesday, July 8, 2025.

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