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Who s in control of SMIC technology advances?

A report disclosed in July 2022 that Semiconductor Manufacturing International (SMIC) had been shipping 7nm chips made with 14nm equipment for the MinerVa Bitcoin Miner SoC for a year. The China-based pure-play foundry has yet to respond to the report, but is believed to have taken a low-profile approach to making its process technology advances.

Abrupt downturn hits US chipmakers as recession looms

Governments Are Deploying Wartime-Like Efforts to Win the Global Semiconductor Race – NBC New York

But recently there haven t been enough of them to meet demand. The reasons for the ongoing global chip shortage, which is set to last into 2022 and possibly 2023, are complex and multifaceted. However, nations are planning to pump billions of dollars into semiconductors over the coming years as part of an effort to sure up supply chains and become more self-reliant, with money going toward new chip plants, as well as research and development. South Korea became the latest country to announce a colossal investment in the industry last week. The nation s government said Thursday that 510 trillion South Korean won ($452 billion) will be invested in chips by 2030, with the bulk of that coming from private companies in the country.

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