SMIC reported its financial results for 2023, and due to the industrial downturn, sales and profit declined for the reporting period. SMIC plans to navigate 2024 steadily and stably.

Ban not only failed to isolate Chinese advances in AI, but also gave companies such as SMIC and Huawei the chance to become ...

SMIC's investment practices are imprudent, even by foundry standards. SMIC's adjusted ROIC averaged a paltry 4.9% for the last decade, and we expect the 2024-28 average to be 3.1%.

SMIC was also put on the same list in 2020, as US officials were concerned it could use American technology to aid the Chinese military. SMIC has denied having any relationship with the Chinese ...

Taiwan has added Huawei and SMIC to its export control list to curb China's access to advanced chip technology, aligning with U.S.-led efforts to restrict Beijing's AI and semiconductor ambitions.

SMIC Shenzhen will focus on mature chipmaking technologies of 28-nanometer and above, with the aim of producing 40,000 12-inch wafers per month, according to a stock filing from SMIC on Wednesday ...

SMIC's utilization rate fell slightly to 76.8% in the fourth quarter from 77.1% a quarter ago, with the annual utilization rate of 2023 at 75%, equivalent to an average monthly production of ...

SMIC will postpone the mass production of SMIC Jingcheng by 1-2 quarters due to the delay of bottleneck equipment. SMIC said revenue rose 33.6 percent to $7.273 billion in 2022 from $5.443 billion ...

In a Friday regulatory filing, SMIC said it is teaming up with the China (Shanghai) Pilot Free Trade Zone Lingang Special Area Administration to build an $8.87 billion chip production line with ...

China's largest chipmaker Semiconductor Manufacturing International Corp (SMIC) said the company’s factory expansion is going smoothly and three projects, upon completion, will make its output ...

SMIC is one of Huawei’s go-to foundries but there is a huge limit to which SMIC can help. However, SMIC 14nm process is the best that it has to offer for now.

SMIC’s 7nm process has been in development for a long time. However, due to the lack of high-end lithography machines, the progress of research and development has been slow.