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Jetta Semiconductor and Shengmei Semiconductor strategic cooperation

 On May 28, 2020, Shanghai Jetta Semiconductor Co., Ltd. and Shengmei Semiconductor Equipment (Shanghai) Co., Ltd. formally reached a strategic cooperation, and the signing ceremony was held at the Jetta Semiconductor Company’s Lingang factory in the new area of ??Lingang. Semiconductor CEO Dr. Hong Yun and Shengmei Semiconductor Chairman Dr. Wang Hui signed contracts as representatives of both parties.

 
The two parties formally signed a contract to build a comprehensive and deep strategic partnership based on the principles of "equality and mutual benefit, complementary advantages, common development, honesty and trustworthiness." The two parties will leverage their respective advantages to accelerate the localization of China's integrated circuit equipment. In-depth cooperation in related processes.
 
Dr. Hong Yun, CEO of Jetta Semiconductor, said: I am very pleased to reach a strategic cooperation with Shengmei Semiconductor to support domestic equipment and materials and help domestic suppliers grow together. It is the original intention of Jetta. We will spare no effort to promote the progress of localization. Shengmei Semiconductor is an excellent enterprise with long-term efforts and meticulous hard work in the field of semiconductor equipment for many years. It has profound technical accumulation and has obtained many commercial success cases. We chose Shengmei and joined hands to become a strategic partnership. We are confident to overcome various challenges together. Work together. At present, it is a good opportunity to improve the domestic supply chain system. Let us follow the long history, seize the opportunity, work together, and work together to push China's semiconductor industry to a new level.
 
"Thanks to Jetta Semiconductor's support and help for Shengmei Semiconductor, and the continuous development of the long-term cooperation spirit between Jetta and Shengmei. The localization of semiconductor equipment is a very rough road, and Jetta Semiconductor has also been striving for 30 years. The strategic positioning of R&D and chip manufacturing has been along the way, shouldering the important mission of "strong country and strong core." Shengmei is very proud to be able to work closely with such companies. With the high support of Jetta, Shengmei will continue to stand on its feet In Shanghai, we will work together to overcome difficulties and jointly contribute to China's semiconductor equipment and level." Dr. Wang Hui, chairman of Shengmei Semiconductor, spoke about this cooperation.
 
Shengmei Semiconductor is the second domestic strategic supplier selected by Jetta. This strategic cooperation will give full play to the technical advantages of Jetta Semiconductor and Shengmei, actively support and jointly participate in the collaborative innovation of the integrated circuit industry chain, and on this basis Further deepen the breadth and depth of bilateral strategic cooperation. With the landing of the Shengmei Lingang project, Shengmei will also become a “neighbor” side by side with Jetta and continue to output power for the development of Lingang.

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