Construction of Chinese chip maker Semiconductor Manufacturing International Corp’s new fabrication plants are on track. Photo: Bloomberg
Construction of Chinese chip maker Semiconductor Manufacturing International Corp’s new fabrication plants are on track. Photo: Bloomberg

China’s SMIC pushes ahead ‘as planned’ with new chip plants in Beijing, Shenzhen amid US trade restrictions

  • SMIC’s new chip fabrication plant in Shenzhen is expected to start commercial operations next year, while the Beijing facility will go online in 2024
  • The Shanghai-based semiconductor giant has budgeted US$4.3 billion in total capital expenditure this year

Construction of Chinese chip maker Semiconductor Manufacturing International Corp’s new fabrication plants are on track. Photo: Bloomberg
Construction of Chinese chip maker Semiconductor Manufacturing International Corp’s new fabrication plants are on track. Photo: Bloomberg
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