Semiconductor Manufacturing International Corporation (SMIC)

TOPIC

/ company

Semiconductor Manufacturing International Corporation (SMIC)

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.

Chairman / President

Liu Xunfeng

CEO / Managing Director

Zhao Haijun & Liang Mong Song

CFO / Finance Director

Wu Junfeng

Industry

Semiconductor

Website

smics.com

Headquarters address

No. 18 Zhangjiang Road, Pudong New Area, Shanghai, China

Stock Code

SEHK:0981, SSE:688981

Year founded

2000

Semiconductor Manufacturing International Corporation (SMIC)

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China’s SMIC plans expansion as AI-related chip demand beats forecasts

China’s largest foundry says shortages are spreading to mature-node chips, with some AI-driven demand visible through the end of 2027.

Chinese chip foundries surge as AI boom drives triple-digit profit growth

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The landmark deal consolidates the Big Fund as third largest owner of SMIC, China’s largest wafer foundry.

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Hong Kong stocks rebound from choppy trading triggered by turmoil in US

Hang Seng Index bounces back after overnight plunge in Nasdaq-100 on concerns about frothy tech valuations.

‘Not afraid’: TSMC brushes off mainland chip rivals amid AI boom

Wei’s comments come as mainland foundries expand mature-node capacity and Huawei pushes alternative chip-scaling ideas under US sanctions.

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China’s biggest contract chipmaker clears final hurdle for US$6 billion takeover

SMNC is to become a wholly owned subsidiary of SMIC, boosting the semiconductor manufacturer’s prowess and market position.

China’s Amec setting industry standard for chipmaking tech, founder says

The head of one of China’s leading semiconductor makers said its technology has been adopted by overseas competitors.

‘Panic’ over capacity crunch in mature node chips drives orders to Chinese fabs

AI demand shifts chip production to China, boosting SMIC’s capacity and revenue as global foundries focus on high-margin AI chips.

China’s top chip foundries forecast second-quarter growth amid AI boom

Bai Peng, Hua Hong’s chairman and president, downplayed the impact of US export controls on the company’s capacity expansion plans.

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Richard Chang’s rare public remarks highlight importance of mature chips to China’s supply chain security.

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The latest probes are part of Taiwan’s crackdown on mainland Chinese talent poaching, with 100 cases handled since 2020, according to MJIB.

China’s top chip foundry SMIC unveils growth action plan

Firm aims for above-average growth this year under plan for ‘optimising existing stock and digging for new increments’.

China’s chip exports surge 73% as AI demand fuels semiconductor growth

Chip exports hit US$43.3 billion in January and February, outpacing China’s overall export growth of 21.8 per cent in the same period.

Top chip leaders urge national drive to ‘build China’s ASML’ amid US curbs

Financial and human resources must be pooled and authorities should start drawing up plans immediately, top executives say in an article.

Hua Hong reports record Q4 revenue as AI-driven memory crunch fuels price hikes

Revenue growth primarily driven by increases in wafer shipments and improved average selling prices, company says.

China’s SMIC expects flat revenue as drop in low-end orders offsets AI growth

The contract chipmaker’s profit falls short of analyst estimates amid ‘challenges’ brought on by memory supply crunch.

Shanghai boosts chip fund 11-fold in China’s self-reliance push

Registered capital increases by US$794 million as country’s semiconductor hub strives to nurture local firms.

Chinese scientists shrink semiconductor chip into fibre as thin as human hair

Advance allows fibres to compute like chips or display information like transistors, paving the way for machine-wearable smart textiles.

China’s top contract chipmakers pursue acquisitions amid self-sufficiency drive

Hua Hong Semiconductor set to close a US$1.2 billion deal, days after SMIC says it will take full control of a subsidiary for US$5.8 billion.

SMIC shrugs off US curbs with record revenue outlook on tight chip supply

China’s biggest chipmaker is on track for revenue above US$9 billion, as tight foundry capacity keeps its fabs running at full pelt.

Semiconductors | With novel chip in Huawei phone, China heads for computing reset

Editorial | US pressure has only helped make China’s tech giants stronger