SMIC


2024-02-07

[News] US Allocates USD 39 Billion Subsidy to Semiconductor Industry for Establishing Plants

US Commerce Secretary Gina Raimondo has announced on February 5th that the Commerce Department would distribute substantial subsidies to chipmakers investing in the US within the next two months. The subsidy recipients are expected to include companies like TSMC and Intel. As per a report from Re...

2024-02-07

[News] SMIC’s Net Profit Halved Last Year, Faces Further Reductions This Year

China's leading semiconductor foundry, SMIC International, announced its fourth-quarter financial results on February 6th. While the quarter's revenue exceeded expectations, a significant drop in gross margin led to a sharp decrease in net profit by less than 50% to below USD 1 billion last year. ...

2024-01-18

[News] Price War Among Chinese, Taiwanese, and Korean Foundries? Chinese Foundries Reportedly Cutting Tape Out Prices

China, Taiwan, and South Korea's foundry price war continues to heat up. Rumors of price reductions are circulating in the foundry industry, Chinese foundries allegedly lowering their tape out prices, attracting Taiwanese IC design companies to switch their orders. Companies including Samsung, G...

2024-01-16

[News] China’s ICs Imports Decrease in 2023, Chinese Manufacturers Focus on Mature Processes

According to a report by China's financial media outlet Yicai, in 2023, China's import quantity and value of integrated circuits experienced a significant decline, influenced by factors such as the overall downturn in the global chip market and the U.S. ban on the sale of chips to China. The late...

2024-01-15

[News] China’s Chip Production Capacity Reportedly Set to Grow 60% in 3 Years, Doubling in 5 Years

According to a report from IJIWEI, research by Barclays analysts indicates that China's chip manufacturing capacity is expected to more than double within the next 5 to 7 years, surpassing market expectations significantly. The analysis of 48 chip manufacturers with production facilities in China su...

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