A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters
A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters

China injects US$2.2 billion into local chip maker SMIC

  • The investment comes as Washington restricts the ability of telecoms gear maker Huawei to develop chips using American technologies
  • SMIC, mainland China’s biggest chip maker, plans a share sale in Shanghai that could raise more than US$3 billion

Topic |   Semiconductors
A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters
A security officer stands outside Semiconductor Manufacturing International Corp’s headquarters in Shanghai in this file photograph from November of 2001. Photo: Reuters
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