AUSTIN, Texas-Motorola Inc. has entered into a partnership agreement with the Semiconductor International Corporation in China.
Under the deal, Motorola will transfer its MOS-17 wafer fabrication facility in Tianjin to SMIC in exchange for SMIC shares. SMIC will build out and operate the facility, according to Motorola.
“This agreement with SMIC maximizes the use of our manufacturing and research and development resources,” said Scott Anderson, president and chief executive officer of Motorola’s semiconductor products. “It will eliminate the overhead and capital costs for Motorola at MOS-17, maintain our presence in Tianjin and China, and grow that country’s contributions to our short- and long-term sales.”