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Central region seen fostering high-quality development
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China eyes intelligent manufacturing amid external risks | Hellenic Shipping News Worldwide
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China eyes intelligent manufacturing amid external risks
Shen Weiduo and Ni Hao in Tianjin Published: May 20, 2021 09:53 PM
The fifth World Intelligence Congress (WIC) was held in North China s Tianjin Municipality on Thursday. Photo: Liu Xiaojing/GT
From dancing robots and 5G appliances, to solutions for smart factories and logistics, intelligent transformation was the key word during the ongoing fifth World Intelligence Congress (WIC) in North China s Tianjin Municipality on Thursday.
At the event, leading technology companies, factories and industry experts offered visions of fully automated factories that will produce clothes, food and supercomputers, while calling for efforts to capture the intelligent trend to further strengthen China s manufacturing prowess amid external challenges and the coming 5G era.
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SMIC: The company and the Shenzhen government intend to invest in project development and operations via SMIC Shenzhen
SMIC said the company and Shenzhen Government (via Shenzhen Reorganization Group) plan to conduct project development and operations.
According to the plan, SMIC Shenzhen will carry out the development and operation of the project, focus on the production of integrated circuits and providing technical services in 28 nanometer chips, and is designed to achieve the capacity of about 400,000 12-inch wafer per month.
It is expected to be produced in 2022. After the final agreement is signed, the new investment amount of the project is estimated to be US$2.35 billion. The actual investment of all parties will be determined according to the assessment of SMIC Shenzhen according to third-party companies.
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