Alibaba wants to acquire SMEE and get into semiconductor equipment business,.SMEE, Shanghai Micro Electronics Equipment (Group) Co., Ltd. (SMEE)
its most famout product is lithography equipment for semiconductor manufacturing.,
Alibaba recently formed a semiconductor company called honeybadger but its not satisfied.
learning from the recent experience of US blocking sale of semiconductor equipment to stunt china development.
Alibaba wants to get into semiconductor equipment therefore acquiring SMEE is a natural choice .
Alibaba wants to develop 10nm lithography machine.
Very aggressive move by an internet company.
Even Huawei thinking acquring SMEE