China s SMIC Posts Quarterly Revenue Surge But Warns Of Some Panic In Chip Sector
A slowdown in demand for smartphones in particular has driven down prices for certain chips, co-CEO Zhao Haijun told investors, , SMIC
Source: businessworld.in
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Beijing-Based Semiconductor Company Did Better Than Expected in Their Earnings Despite Stricter US Sanctions
SMIC was able to beat the odds as it saw a 41.6% in its revenue during the recent three-month period.
Source: techtimes.com
Chinese 14nm chips to enter full-scale production in 2022
China is expected to achieve full-scale mass production of 14nm chips by localising the entire production line and supply chain as early as next year.
Source: developingtelecoms.com
Biden Needs More Than $52 Billion to Counter China in Chips
President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and preempt a rival effort from China.
Source: msn.com
Biden will need more than $52 billion to counter China on chips
The White House has outlined a sweeping plan to secure the conduits for critical products from medicines to chips, responding in part to the growing economic and political sway of China.
Source: japantimes.co.jp