SMIC


2025-02-18

[News] Financial Reports of Foundries Released: How Will TSMC, SMIC, and Hua Hong Plan for 2025?

In 2024, the foundry industry continued to advance amidst market fluctuations and technological innovations. Leading foundries such as TSMC, SMIC, and Hua Hong Semiconductor have all released their annual financial reports. Looking ahead to 2025, TrendForce predicts that the industry's total outp...

2025-02-12

[News] SMIC 2024 Sales Hit Record, But Profit Drops Reportedly Due to High Huawei Chip Costs

Despite escalating U.S. chip sanctions, China’s foundry giant SMIC reported Q4 2024 revenue of $2.207 billion, up 31.5% year-over-year, according to its its press release. However, its net profit fell 38.4% to $108 million, as noted by Commercial Times. Commercial Times, citing Chinese media, r...

2025-01-14

[News] Global Chipmakers Reduce Investments for 2nd Year in a Row as EV and Smartphone Demand Stalls

According to a report from MoneyDJ, citing Nikkei, global leading semiconductor companies have reduced their investment due to weak demand and overcapacity in semiconductors for electric vehicles (EVs) and smartphones despite the robust demand for AI-related semiconductors. Notably, this marks the...

2025-01-08

[News] Multiple 12-inch Wafer Lines in China Officially Commissioned!

12-inch wafer fabs play a crucial role in semiconductor manufacturing. By the end of 2024, several major projects have made headlines. Production has commenced for five 12-inch wafer lines from Runpeng Semiconductor, Tiancheng Advanced, Yandong Microelectronics, Guangzhou Chip Semiconductor, and Hua...

2024-12-09

[News] SMIC, Hua Hong Reportedly Pressure Taiwan Foundries with up to 40% Discount on Mature Nodes

As TSMC keeps making strides in advanced nodes, its Taiwanese foundry peers may be facing tough competition on mature nodes from Chinese rivals, including SMIC, Hua Hong Group, and Nexchip, as per Economic Daily News. The report indicates that recently, prices for 12-inch wafers from Chinese foundri...

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