Tech War: China’s SMIC reports strong sales growth as geopolitical tensions boost local demand
China’s largest chipmaker Semiconductor Manufacturing International Corp (SMIC) reported strong sales growth in the second quarter as customers rushed to place orders amid rising geopolitical tensions, company and board statements showed. The Shanghai-based foundry’s revenue rose 22 percent year-on-year to…
China makes progress toward self-sufficiency in chip tools, but lithography remains a bottleneck
While U.S. export restrictions on China’s access to advanced chips and technologies have boosted local efforts to replace foreign chip manufacturing facilities, bottlenecks remain, industry insiders and analysts say. Leading Chinese tool manufacturers such as Naura Technology and Advanced Micro-Fabrication…
