Hua Hong Grace Semiconductor Ltd Shs Unitary 144A/Reg S
01347: XHKG (HKG)
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Hua Hong Grace: New Fab Could Improve Firm's Ability to Serve AI, Automotive and Industrial Clients
Hua Hong Grace plans to build phase 3 of its Wuxi plant, with a capacity of 55,000 wafers per month. The plant will cost USD 6.95 billion, with equity and debt financing split 60/40. Hua Hong will retain 51% of the equity after introducing state-backed investors.
