Micron made a bid of $80m on Qi Richmond fab, which pissed off Qimonda. TI finally paid $170m for the 300mm and some 200mm tools, leaving an empty shell in Richmond. Now Micron may need to pay $3B to set up the Wuhan fab! What a smart company!
Oh boy. It is interesting that Appleton didn't take over the now defunct Qimonda fab in Richmond, but is willing to buy the SMIC fab in China that was a foundry for Qimonda. Neither Qimonda nor SMIC made money on the deal.
Appleton is nuts. He should stay out of China. Go there, and the Chinese will steal your technology. Not a very bright move.