GloFo’s plan to get control of a cut-price fab in China has run into trouble, reports Digitimes. GloFo had an agreement with the regional government of Chongqing province to equip an old fab with 40nm 12-inch equipment whereupon it would obtain 51% of the jv with the Chongqing government owning the fab. According to Digitimes’ …
Read full article: GloFo jv China fab deal on hold