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SMIC, China’s biggest chipmaker, says it may be cut off from key US technology, and is warning investors that restrictions on its supply chain could have “material adverse effects” on its ...
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 ...
SMIC’s Hong Kong-listed shares were down 0.9% to close at 18.96 Hong Kong dollars ($2.50) on Tuesday, their lowest value in more than two months. They’ve lost 4.5% since the US ban was announced.
Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) reported a 34.7% rise in third-quarter revenue on Thursday, missing estimates, and warned investors about the impact of ...
SMIC’s Q2 revenue rose by 40% year-on-year and 3.3% QoQ, but the company forecast possible flat sequential growth in the third quarter. Despite the revenue gains, its net profit for the quarter ...
“Following SMIC’s hiring of Chan, the fabrication of certain chips made by TSMC for Broadcom was transferred to SMIC as a result … of Chan’s misuse of trade secret information,” it said.
Analysts expressed concern about the state of the industry and the effect of SMIC’s spending plans on cash flow By Jiahui Huang Follow Feb. 6, 2024 10:44 pm ET ...
China’s SMIC Says It’s Missing Out on the Chip Boom Due to U.S. Restrictions SMIC expects revenue growth to fall to single digits this year after a 17% jump in the last quarter ...
Huawei, SMIC suppliers received billions worth of licenses for U.S. goods By Karen Freifeld and Alexandra Alper October 21, 20218:09 PM PDTUpdated October 21, 2021 ...
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