
Litigation is a machine which you go into as a pig and come out as a sausage - Ambrose Bierce, allegedly
It claims that it has grown its foundry business in Europe and has teamed up with TT Silicon to provide customer services for fabless firms in the UK and in Northern Europe.
A "fabless" company is a firm which designs semiconductors which are then farmed out to so-called "pure play" foundries, which then makes the chips. The biggest pure play foundry is TSMC based in Taiwan, while a good example of one of the most successful fabless firms is graphics chip designer Nvidia. µ
See Also
SMIC gets 85 million credit facility
Well-connected chip maker fails to shine
China outpaces US on fabless chip designs
TSMC hits out at foundry rivals
Infineon and Nanya cuddle up together
SMIC man smitten for Chinese investments
[That's enough SMIC LINQs, Ed.]