Qualcomm Taps SMIC For Semiconductor Test

San Diego-based Qualcomm is tapping a Chinese firm for fabrication and test of its ICs, the firm said yesterday. Qualcomm said that it is in a strategic agreement with Semiconductor Manufacturing Corporation (SMIC), to use SMIC's BiCMOS integrated circuit manufacturing processes in Tianjin, China. Qualcomm said that the agreement will allow the firm to streamline its operations. The move is part of a $100M plan to invest in early- and mid-stage Chinese companies.