The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for ...

Beijing has invested more than $150 billion in the chip industry, including a $47 billion investment fund announced in May, helping to fuel a stunning factory expansion. SMIC alone operates more ...

SMIC has begun to feel the effects of U.S. export controls on chipmaking tools, ... Factory utilization reached 89.6%, a 4.1% increase from the prior quarter.

Details: SMIC reached an agreement with Tianjin authorities to build the 12-inch wafer factory, a primary size for chipmaking. According to the agreement, SMIC will set up a new sub-firm in the ...

Two people close to SMIC say the chip factory is already working on expanding 7 nm production capacity for the pre-order Huawei chips and developing the more advanced 5 nm process node.

SMIC plans to continue advancing its announced 300mm factory and capacity expansion plans in 2024. SMIC anticipates flat growth in capital expenditures in 2024, which was at CNY58.84 billion in 2023.

WASHINGTON —The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a ...

China’s official PMI manufacturing index contracted for a third straight month in June, despite a truce on US export tariffs.

WASHINGTON (Reuters) -The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a ...

The Biden administration is turning up the heat on China's top sanctioned chipmaker by cutting off its most advanced factory from more American imports after it produced a sophisticated chip for ...

Experts assert that SMIC South is the only SMIC factory with the capability of making the Mate 60's 7 nanometer chip.