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Chinese chipmaker SMIC offloads stake in Ningbo unit to focus on core operations

Summary by South China Morning Post
SMIC’s asset sale reflects efforts by Chinese semiconductor firms to strengthen their operations amid tightened US tech restrictions.

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Chinese chipmaker SMIC offloads stake in Ningbo unit to focus on core operations

SMIC’s asset sale reflects efforts by Chinese semiconductor firms to strengthen their operations amid tightened US tech restrictions.

·Hong Kong
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South China Morning Post broke the news in Hong Kong on Friday, June 6, 2025.
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