GloFo’s plan to get control of a cut-price fab in China has run into trouble, reports Digitimes. GloFo had an agreement with the regional government of Chongqing province to equip an old fab with 40nm 12-inch equipment whereupon it would obtain 51% of the jv with the Chongqing government owning the fab. According to Digitimes’ ...
Read full article: GloFo jv China fab deal on hold
from Electronics Weekly http://www.electronicsweekly.com/news/business/glofo-jv-china-fab-deal-hold-2016-10/
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