China’s SMIC pushes ahead ‘as planned’ with new chip plants in Beijing, Shenzhen amid US trade restrictions

Source: Tech – South China Morning PostSemiconductor Manufacturing International Corp (SMIC), mainland China’s largest foundry for integrated circuits (ICs), is on track with the construction of new chip fabrication plants in Beijing and Shenzhen, despite lingering risks of US restrictions that may prevent its acquisition of production equipment.Those “capacity expansion programmes are rolling out as planned”, said SMIC co-chief executive Zhao Haijun in a conference call with analysts on Friday.He indicated, however, that risks…Read More

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