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Rumor: Hony Capital May Sell Elpida DRAM Plant to SMIC

Sohu IT, 5/01/12

Nikkei News quoted an industry source on May 1 as saying that after completing its acquisition of Japanese DRAM manufacturer Elpida Memory, Beijing-based private equity firm Hony Capital plans to sell or outsource the company's Hiroshima DRAM plant to Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK). Read More

B2B Firm Lands USD 30 mln VC

China Business News, 4/08/08

Chairman and president Ling Feng of B2B site GlobalMarket.com announced today that the website had completed receipt of USD 30 mln in venture capital from Jafco Asia and NIFSMBC, as well as two private funds and three overseas-listed companies. Read More