smic

The founder of China's largest chipmaker SMIC said on Tuesday he was "optimistic" China could catch up with the United States in the next generation of semiconductors but that US efforts to contain its technology sector could not be taken "lightly".Richard Chang, also the former CEO of Semiconductor Manufacturing International Corp (SMIC), told a livestream forum that persistent research and development as well as investment in new raw materials would enable China to compete, according to an official transcript on…

China must engage in a new "long march" in the technology sector now that the US has imposed export restrictions on Semiconductor Manufacturing, the country's largest chip manufacturer, Chinese state-backed tabloid the Global Times wrote on Sunday.The unnamed author of an op-ed in the paper argues that the US' dominance of the global semiconductor industry supply chain is a "fundamental threat" to China."It now appears that China will need to control all research and production chains of the semiconductor industry, and…

Taiwan Semiconductor Manufacturing hiked its revenue outlook after logging record quarterly profit, and painted a bullish picture of demand picking up over the next two years as advanced technologies are adopted more widely.The chip sector has been one of the rare industries benefiting from the coronavirus pandemic with more people investing in premium devices as they spend longer hours at home and as corporations seek to add more bandwidth for remote workers.The world's largest contract chipmaker said it now expects 2020…

China's largest chipmaker, Semiconductor Manufacturing International Corporation, said its vice-chairman has resigned in a leadership reshuffle less than a year after he took the role.Chiang, a former research director at Taiwan's TSMC, joined SMIC in late December. The company said he had resigned from his vice-chairman position as well as from the board with effect from Thursday in order to spend more time with his family.His departure comes just two months after SMIC's chairman, Zhou Zixue, also resigned citing health…

US officials are considering discussing a Defence Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical US technology, the Wall Street Journal reported on Thursday.Some Commerce Department officials are trying to block the Defence Department's proposal, the Journal added, citing people familiar with the matter.Semiconductor Manufacturing International Corporation (SMIC) was added to a US blacklist last year that denies it access to advanced manufacturing…

Five people familiar with the matter said the Biden administration is considering new targeted restrictions on shipments of chipmaking tools to China, seeking to hamstring advances by China's largest chipmaker, SMIC, without slowing the flow of chips into the global economy. The Commerce Department, which oversees export policy, is actively discussing the possibility of banning exports of chipmaking tools to those Chinese factories that make advanced semiconductors at the 14 nanometer node and smaller, the people said,…

When the U.S. Department of Commerce (DOC) restricted access of China's largest contract chipmaker Semiconductor Manufacturing International Corp. (SMIC) to fab equipment used to make10nm-class chips, it was considered a tough but not too severe move. Now the U.S. government is mulling restricting China from producing logic chips using a 14nm-class fabrication process. The DOC is examining the possibility of prohibiting the exportation of chipmaking tools to companies in China that can make logic chips using 14nm-class…

Global exports of semiconductors to Russia have plummeted by 90 percent since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, US Commerce Secretary Gina Raimondo said on Wednesday.Raimondo, speaking at an annual Commerce Department conference, also said that controls placed on Russia's aerospace sector were hammering its ability to generate revenue and support military aviation."Russia may be forced to ground between half and two-thirds of its commercial aircraft in the next…