SMIC today SMIC has announced the closing of the deal to sell LFoundry stakes to Wuxi Xichanweixin Semiconductor.  At the same time Wuxi Xichanweixin Semiconductor took over the shares of Marsica Innovation SpA and Isar Valley GmbH. Therefore, now LFoundry is 100% owned by Wuxi Xichanweixin Semiconductor. 

Wuxi Xichanweixin Semiconductor is a new company which goal is to become an important player on the global semiconductor business, leveraging on the strong demand expected to growth in China and on the competencies available in its network, which, now, LFoundry is part of.

The new owner can take full advantage of LFoundry’s strength and can leverage on the skills that LFoundry has built and fed in the last 30 years: the ability to develop and manufacture CMOS Imaging Sensors, develop proprietary technologies, import new customers’ technologies, diversified our core competences which include the know-how on SiPM, LIDAR and other solutions as well.

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Gianluca Togna

Corporate  Communication Manager

gianluca.togna@lfoundry.com