SMIC boosts domestic chip equipment use amid China’s tech independence drive

SMIC boosts domestic chip equipment use amid China’s tech independence drive
Its first quarter financial results place SMIC second among the world's wafer foundries, albeit with a considerable gap to TSMC.China’s Semiconductor Manufacturing International Corporation (SMIC) has been increasing efforts to adopt domestic semiconductor manufacturing equipment, as China strives to end its dependence on US chip-making technology, The Wall Street Journal reported on Monday. While SMIC’s technology lags behind industry leaders such as TSMC and Samsung, at its new Jingcheng facility near Beijing, the firm […]

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