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Event Brief

China's SMEE Sells Subsidiary in Strategic Shift

SMEE divests a manufacturing arm to focus on research amid China's push for chip self-sufficiency.
WHO: Shanghai Micro Electronics Equipment (SMEE)
WHAT: Divested a manufacturing subsidiary
WHEN: Jan 6, 2026 at 7:00 PM ET
WHERE: Beijing, China
WHY: To sharpen focus on research and chip self-sufficiency

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