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Hua Hong’s Wuxi expansion boosts China’s chip market amid STM partnership and local production surge

The second phase of Hua Hong Semiconductor’s 12-inch wafer fab expansion in Wuxi held a production ceremony on December 10. This event garnered significant attention following the recent announcement of collaboration between STMicroelectronics (STM) and Hua Hong to produce 40nm microcontrollers (MCUs) locally in China by 2025.