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Beijing’s biggest chipmaking champion SMIC faces uncertain future after US blacklisting The headquarters of Semiconductor Manufacturing International Corp (SMIC) in Shanghai. Photo: Bloomberg
The future of China s largest chip maker and Beijing s best hope to catch up with rivals in the critical field of semiconductor manufacturing is under a cloud after the company said it would have trouble developing advanced chipmaking processes after it was put on a US trade blacklist. (The addition to the blacklist) will have significant negative impacts on research and development of advanced processes smaller than 10 nanometre (based) upon our initial assessment, SMIC said in a statement on Monday, adding that the short-term impact on the company s operation and finances would be limited.