Merchant In the Sea Chapter 223

China has put a lot of effort into chip public relations. Just like the classic saying, let a small number of people get rich first, and use the rich to drive the rich later. The first industry to benefit from the reform and opening up is of course the steel industry. So an important decision was made to let the steel industry, which got rich first, take the lead in investing in chip development.

The Capital Steel Plant, in partnership with Japan's NEC, established a long-process IDM chip company named Shougang NEC that uses 6-inch silicon wafers, 1.2-micron technology, and integrates chip lithography manufacturing and packaging testing.

If David Ringo remembers correctly, it took three years to build and was put into production in 1994. The other party's investment was much larger than David Ringo's. Four SRAM production lines cost 500 million yuan. After a few years of glory, in response to the 909 Project, they spent 1 billion US dollars to introduce a 0.25-micron DRAM production line to produce 4M-64M dynamic storage, but it ended in failure.

In 2002, the chip cold wave stranded the restructuring and returned to the steel industry.

Later, Zhang Rujin was invited back to establish SMIC, and he took up the leadership again.