The collaboration is called the "IC Advanced Technology Research Institute". It is the most advanced IC technology research and development institution in China.
The aim, says SMIC CEO Tzu-Yin Chiu, is to "integrate the strengths of corporations and research institutions to accelerate the development of advanced process technology, and address issues the industry faces, such as IP protection, and thus promote the rapid development of China's IC industry."
Others invited to join the Institute are 'design, equipment, material companies, and upstream and downstream industries. They can join in as a member or in project collaboration.'
The Institute wants to integrate the domestic IC industry supply chain, equipment manufacturers, material suppliers, foundries, design firms and research institutes.
As well as being a research organisation the Institute will be a verification platform for domestic-made equipment and material research development.