China semiconductors: SMIC cements its role as Beijing’s best hope in chips despite US restrictions 

Source: South China Morning PostShanghai-based contract chip maker Semiconductor Manufacturing International Corp (SMIC), helped by two former semiconductor veterans from Taiwan, has cemented its status as Beijing’s best hope to catch up with global peers in semiconductor manufacturing despite US restrictions barring it from buying the most advanced chipmaking equipment and technologies.The world’s fourth-largest foundry on Wednesday published its audited 2020 financial results, confirming strong top-line and bottom-line…Read More

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