https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02205641-30VOSEPML7CK3T09LEAICFR7A3/pdf?access_token=0007JttBoVakSREZADOkCkBiHtGy
Dr. Richard Chang, Chairman of SiEn, said: “We look forward to our cooperation with Weebit. SiEn will finish
constructing two fabs of 200mm and 300mm wafers this year, and we believe Weebit’s technology can be a
perfect fit into our offering. Weebit has a very impressive Board and management team and I had the honor of
working with Yoav Nissan-Cohen when I was setting up SMIC. Our production line will be based on
STMicroelectronic technology, similar to that used by Leti, making the technology transfer simpler, and is
expected to bring forward the time required to bring products to market.”
EDIT- I had previously said MOU when it is a letter of intent so correction on that after going to look for the ann.
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