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China's SMIC eyes S. Korea's Dongbu HiTek

2015-02-23 04:37:30| Semiconductors - Topix.net

China-based Semiconductor Manufacturing International Corp. 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 , and is seeking a private contract," an official from the Korea Development Bank said.

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