SMIC


2024-08-21

[News] Shanghai IC Industry Announced Two New Moves

Recently, two industrial moves took place in Shanghai's integrated circuit (IC) sector. First, the Shanghai Integrated Circuit Industry Investment Fund (Phase II) Co., Ltd. (hereinafter referred to as "Shanghai IC Industry Fund Phase II") received a substantial capital increase. Second, 14 key...

2024-08-20

[News] Top 100 Cities for Semiconductor Industry Competitiveness – Shanghai & Beijing Break into the Global Top Ten

The World Integrated Circuit Association (WICA) recently released its 2023 ranking of the top 100 cities in the global semiconductor industry. According to the list, the U.S. and China each have 26 cities represented, leading the rankings. South Korea, Japan, and Taiwan have 9, 9, and 5 cities liste...

2024-08-12

[News] China Makes Progress in Chip Tool Self-Sufficiency, Yet Lithography Remains a Key Bottleneck

According to a report from the South China Morning Post, the U.S. export controls, which are restricting China's access to advanced chips and technology, have intensified China's efforts to replace global semiconductor manufacturing equipment. However, industry sources have indicated that China sti...

2024-08-09

[News] SMIC Q2 Net Profit Plummets Over 59%, while Hua Hong Also Sees Over 90% Decline

China's two major semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, released their Q2 2024 financial results on August 8. Both companies reported sharp declines in net profit. SMIC, the leading foundry, saw its Q2 revenue increase b...

2024-07-30

[News] Without Taiwan’s Semiconductor Manufacturing, U.S.’ AI Capabilities May Eventually Be Caught up by China

As the U.S. presidential election approaches, uncertainties also arise. Compared with the stance in President Biden’s term, U.S. presidential candidate Trump shows a remarkably different attitude regarding the “Taiwan issue,” while he highlights the “America First” agenda further. Howev...

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