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China Adds 60,000 New Chip Firms In 2020 For 22% Annual Growth Reveals Data Dec 22, 2020 12:13 EST At the close of last week, the United States Department of Commerce (DoC) officially added China s Semiconductor Manufacturing International Corporation (SMIC) to its Entity List, as it expanded the scope of American sanctions against Chinese companies. The Department s rationale behind this decision was similar to the one it had cited for adding another Chinese company, Huawei Technologies Ltd., to the list, with fears of the latest tech products manufactured using American-origin technology making their way to the Chinese military being the rationale for both additions. Huawei s sanctions also breathed fresh air into China s attempts of developing its own chip fabrication industry, as investors in the country channeled into the sector and the corresponding valuations and costs went up. Now, with the year coming to an end, data compiled from the Chinese data reposit ....
SMIC & Chinese Pursuit of Latest 5nm Chip Process Will Be Gutted By C.E.O.’s Sudden Departure Dec 17, 2020 10:39 EST China s Semiconductor Manufacturing International Corporation (SMIC) suffered a blow when its joint C.E.O. Mong-song Liang announced a surprise decision to resign from his role. Mr. Liang, who has been a key player in the Southeast Asian semiconductor landscape has years of experience when it comes to developing leading-edge semiconductor process nodes, and is thought by many to be behind Korean chaebol Samsung s foundry division Samsung Foundry s ability to catch up to its Taiwanese rival, the Taiwan Semiconductor Manufacturing Company (TSMC) in the manufacturing process arena. ....