SMIC revenue grew by more than 66% during the first three months of this year despite company warnings of weakening…
SMIC has reported a revenue of $1.84 billion in 1Q22, up by 16.6% from the previous quarter, and by 66.9%…
SMIC is the beneficiary of Chinese IC companies having few other places to go for foundry services.
The quarterly total foundry revenue rose by 11.8% quarter-on-quarter to reach a new record high of $27.28 billion for 3Q21,…
Domestic chip demand remains strong, but tensions persist over technology access.
China is very far from meeting its target of independence in semiconductor manufacturing anytime soon.