SEMICONDUCTOR MANUFACTURING

China’s SMIC Accelerates Capacity Buildout as Chip War Evolves

China’s SMIC Accelerates Capacity Buildout as Chip War Evolves

Semiconductor Manufacturing International Corp. is expediting its plans to build more capacity as a US-led multinational campaign is putting more restrictions on China’s access to advanced foreign technologies. “Some of our customers have won new opportunities due to geopolitics-induced changes in the supply chain,” SMIC Co-Chief Executive Officer Zhao Haijun told analysts during a post-earnings call on Friday. “We are growing capacity at a speed faster than originally planned.” Source link lol
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.