Nexchip injects $128M into Anhui Jingmei to secure photomask supply
The transaction transfers tooling subsidiary Hefei Jingwei to Anhui Jingmei as part of a 2.2 billion yuan expansion, lifting the foundry's stake to 32% to safeguard mature-node lithography.
WZBy Wei Zhang, China correspondent, semiconductors··Updated October 2, 2026·3 min read
ShareLinkedInXWhatsAppEmailTechnicians wearing protective cleanroom suits handle precision components along a semiconductor production line. (AI-generated image)
Nexchip Semiconductor said Oct. 1 it will inject 908 million yuan ($128 million) in production assets into photomask maker Anhui Jingmei, lifting its stake to 32% to secure local reticle supplies.
The transaction transfers 100% of tooling subsidiary Hefei Jingwei Technology to Anhui Jingmei as an in-kind contribution. Nexchip took the step to integrate its lithography supply chain amid tightening trade restrictions.
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China correspondent, semiconductors — Wei Zhang covers Chinese fabs, domestic equipment substitution and the packaging capacity being built to work around import restrictions.
