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SMIC publishes a webcast on LFoundry acquisition with few details on LFoundry business:- Aptina remains a bulk of the business
- The utilization rate was 60% in the last few months, or 70% averaged over the last year
- The drop in utilization is explained by too much "concentration on one customer"
- SMIC copper process might be ported to LFoundry
- No commitment on capacity expansion or R&D investment
- All employees are retained
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