As India shouts out to world+dog: Anyone fancy building a fab here? Share Copy China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), has told investors that new US sanctions announced late last week will be a long-term hassle but won’t impact its current operations. In a Sunday disclosure [PDF] to the Hong Kong Stock Exchange, SMIC said its addition to a US “Entity list” of organisations prevented from acquiring certain American technologies will have “no material adverse effect on the Company’s short-term operations and financial positions”. But in the longer term, the ban “will have a material adverse effect on the research and development and capacity construction of 10 nanometres and below advanced technology nodes.”