CHINA-TECHNOLOGY: HONGXIN SEMICONDUCTOR MANUFACTURING CO. LTD. ENVISAGED AS A HOMEGROWN CHIP MANUFACTURER TO CHALLENGE THE WEST CLOSES DOWN
The Hongxin Semiconductor Manufacturing Co. Ltd. (HSMC), Located in an industrial park outside the city of Wuhan and which was meant to become a $19.8 billion showcase homegrown microchip industry producing cutting-edge chips using 14- and 7-nanometer technology capable of challenging the West, has quietly closed down.
|