Qualcomm has entered into a deal with China’s biggest semiconductor foundry Semiconductor Manufacturing International Corp. (SMIC). The SMIC will form a joint venture company with Qualcomm, Huawei Technologies Co. and Belgian chip research center Imec to develop advanced 14-nanometer chips.
The joint venture company will be majority owned by SMIC, while Huawei, Qualcomm and Imec will be minority shareholders, SMIC noted.
One of the main aim of the joint venture is to develop 14-nanometer chip manufacturing technology for mass production by 2020. Currently, SMIC is still producing processors at the 28-nm scale.
#advanceampads0#SMIC will own the rights to license the required IP rights on the mass production technologies of advanced nodes developed by the newly formed joint venture company