Pedestrians walk past SMIC headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg
Pedestrians walk past SMIC headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg

Shanghai’s SMIC leads Chinese foundries in market share grab amid ongoing chip shortage

  • SMIC maintained its No 5 position among the top 10 largest global foundries in terms of revenue with a 5 per cent market share in the first quarter
  • Samsung, the No 2 foundry, saw its revenue drop after power outages in Texas in February halted production at one of its lines for a month

Pedestrians walk past SMIC headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg
Pedestrians walk past SMIC headquarters in Shanghai, China, March 23, 2021. Photo: Bloomberg
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