Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) made big gains last year amid a global chip shortage. Its revenue and profit rose despite pressure from the US. Revenue in 2021 increased by 39% compared to 2020 and amounted to a record $5.4 billion. Such data are given in the...
According to the source, the US presidential administration has yet to decide whether to block further sales of American technology to the Chinese chip maker Semiconductor Manufacturing International Corp (SMIC). However, at a recent meeting of representatives from various US agencies, the question was raised about the possibility of discussing...
According to the Wall Street Journal, US officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that allowed the Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) to retain access to “critical US technology.” Informants familiar with the matter say some Commerce officials are trying to...
Semiconductor Manufacturing International Corp (SMIC) announced that its vice chairman has resigned. This happened less than a year after he took office. Chan, a former director of research at TSMC, joined SMIC at the end of December. Commenting on his current departure, SMIC announced that he has retired to spend...
China’s Semiconductor Manufacturing International Corp (SMIC) is investing $ 8.87 billion to build a chip factory in Shanghai. Thus, a large contract manufacturer of semiconductor products intends to tackle the global shortage of microcircuits in the light of Beijing’s efforts to strengthen the country’s technological independence. The 300mm wafer facility...
Semiconductor Manufacturing International Corp (SMIC), China’s largest semiconductor contract manufacturer, closed the week with a quarterly report. The company said strong domestic demand is helping it generate stable profits despite tough United States measures that have limited SMIC’s access to US technology since last year. At the same time, SMIC...
According to the latest research by TrendForce, due to the wider adoption of AMOLED panels by major smartphone brands including Apple and Samsung, the penetration rate of AMOLED panels in the smartphone market is expected to reach 39.8% in 2021 and 45% in 2022. As AMOLED panels proliferate, there is...
The economic transformation fueled by the COVID-19 pandemic has spurred demand for IT products. Semiconductor manufacturers were not prepared for this, so there is a shortage in many segments. In particular, a shortage of driver chips (DDIs) for large panels hinders the increase in monitors production. TrendForce predicts demand for...
US President Joe Biden signed a decree barring United States-based companies from investing in Chinese companies. The list includes dozens of Chinese companies believed to be related to the defense industry or surveillance technology. The US Treasury Department will establish and update the list of companies on a “permanent basis,”...
Semiconductor Manufacturing International Corp. (SMIC) today announced that it plans to work with Shenzhen to invest in a 40,000 wafer-per-month factory located in the city. The enterprise value is $ 2.35 billion. SMIC, the largest chip maker in China, said it will own 55% of its subsidiary SMIC Shenzhen, the...
The largest Chinese manufacturer of microcircuits, Semiconductor Manufacturing International Corporation (SMIC), according to Chinese sources, was able to bring the percentage of output of suitable products manufactured at 14 nm to 95%. However, some industry observers have expressed doubts about the veracity of these reports, especially since they do not...
As you know, the US Department of Commerce has blacklisted SMIC, the largest Chinese semiconductor manufacturer. Semiconductor equipment and technology suppliers must now obtain licenses from the US government to supply their SMIC products. Licenses are needed in the case of technical processes for the manufacture of products according to...
Dutch chipmaker ASML Holding NV has extended its deal with Semiconductor Manufacturing International Corp (SMIC), China’s largest chipmaker, until the end of this year. Yesterday, SMIC announced that it had an agreement under which it has already paid ASML $ 1.2 billion. In a clarification posted a few hours later,...