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Semiconductor Manufacturing International Corporation (SMIC)i

Semiconductor Manufacturing International Corporation (SMIC) is the largest semiconductor foundry company in mainland China. It is a partially state-owned publicly-listed Chinese company, and supplies Qualcomm, Broadcom and Texas Instruments, among other notable businesses.

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  • Huawei’s Eric Xu said greater adoption of home-developed chips, servers and personal computers would help China achieve hi-tech advances
  • China’s semiconductor manufacturing technology will continue to be in catch-up mode for a long time because of US export controls, he said

There were 66 mainland technology, media and telecommunications enterprises that went public in the first half of the year, down from 124 in the second half of 2022, according to PwC.

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The tech giant says it will unveil ‘many new products’ at its autumn launch this year. The event coincides with the second anniversary of rotating chairwoman Meng Wanzhou’s return to China.

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The new 5G smartphone model from Huawei is expected to heat up scrutiny on the company and suspected advanced chip supplier Semiconductor Manufacturing International Corp.

The comments by influential Republican lawmaker Mike Gallagher come after Huawei last week unveiled the Mate 60 Pro phone containing an advanced chip believed to be made by SMIC.

Huawei’s Mate 60 Pro may prove popular with domestic consumers but analysts say its overseas appeal will be limited, with no return to its heyday on the horizon.

National Security Adviser Jake Sullivan says the US government is looking into the precise composition of the processor in Huawei’s Mate 60 Pro handset.

Speculation has ramped up over the role of Semiconductor Manufacturing International Corp, mainland China’s top contract chip maker, in producing an advanced 5G chip for Huawei amid US trade sanctions.

A Chinese benchmarking website has identified the Mate 60 Pro’s central processing unit as the Kirin 9000s, which supports 5G and was developed by Huawei chip design arm HiSilicon.

Net income dropped 21.7 per cent year on year to US$402.76 million in the second quarter, as demand for electronic products is ‘below expectation’ while inventory remains high, co-CEO says.

Hua Hong Semiconductor made a stellar trading debut on Shanghai’s Star Market as mainland investors cheered the country’s campaign to promote chip self-sufficiency.

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Should investors look past TSMC’s latest earnings stumble? Some recent filings and analyst ratings suggest there is still a lot more juice in the stock performance in Taipei this year.

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Experts and insiders at Semicon China in Shanghai were all discussing the implications of deglobalisation amid reports of looming new US sanctions.

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Semiconductor equipment sales to China fell in the first three months of the year – a sharp contrast to increased sales to North America and global markets in the same period.

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Profits fell by 53.1 per cent year on year to US$267 million during the March quarter, while revenue dropped 20.6 per cent, the Shanghai-based firm said.

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China’s largest chip maker, SMIC, was also its biggest subsidy recipient at US$282.1 million, illustrating national priorities amid a protracted tech war.

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Semiconductor Manufacturing Electronics Shaoxing, a joint venture between SMIC and the Shaoxing government, is offering 1.69 billion shares at 5.69 yuan apiece to raise 9.6 billion yuan (US$1.4 billion).

Money managers are delivering big gains for investors on the back of China’s drive for self-sufficiency in advanced technology. There is more to come, as a new innovation cycle is only starting to take off.

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Chinese chip foundry Semiconductor Manufacturing International Corp posted record revenue and profits for 2022, thanks to strong demand for 28-nanometre legacy chips.

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Speculation has been rife about Huawei’s development of a new semiconductor packaging technology that can achieve 7-nanometre performance for chips.

Three directors, including two US citizens, at Advanced Micro-Fabrication Equipment have left the board, months after Washington restricted ‘US persons’ from helping develop China’s chip industry.

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The Biden administration approved licences worth over US$23 billion to ship US goods and technology to Chinese companies on a US trade blacklist in the first quarter of last year.

Some of China’s largest chip makers have scrambled to buy equipment and materials this year in anticipation of an agreement expected to escalate export controls.