China’s SMIC Eyes S. Korea’s Dongbu HiTek
SEOUL, Feb. 23 (Korea Bizwire) — China-based Semiconductor Manufacturing International Corp. (SMIC) is seeking to buy South Korea’s only foundry chipmaker Dongbu HiTek Co., industry sources said Monday, a move that is expected to bring changes to the intensely competitive market. “Dongbu HiTek has not held an open bidding (since December), and is seeking a [...]