Foundry Fight Club: SMIC Knocks Global Foundries Out of Top 3
SMIC’s revenue increase in Q1 2024 is attributed to high-performance processors produced using its 2nd Generation 7nm-class fabrication process, despite a decline in profitability.
Tag SMIC
China’s Blacklisted SMIC Becomes #2 Foundry by Outselling GlobalFoundries
The US has imposed sanctions on SMIC, restricting its access to certain advanced technologies. This was intended to hinder China's chip development.
Huawei’s Profit Doubles as Made-in-China Chips Break Through US Sanctions
The Shenzhen-based company revealed a stunning 118% surge in net profit, totaling 26.4 billion yuan (approximately $3.6 billion), in the September quarter.
