China hopes to continue chipmaking growth amid U.S. limits
China is aiming to create next-generation smartphone chips using new fabrication technologies as early as this year, according to a report from the Financial Times. Although the U.S. has tried to slow down China’s chipmaking efforts, China is exceeding expectations in chipmaking growth. That is in part due to Semiconductor Manufacturing International Corp (SMIC) and Huawei working together to make next-gen processors. While the companies have been able to produce processors using the 7nm process, getting past that hurdle…