‘Together with SMiC·Create Dream Together’, the First Star Rank Conference of SMiC Concluded Successfully
On April 16, 2024, SMiC’s First Star Rank Conference was grandly held at Doubletree by Hilton Kuala Lumpur.
Apple’s Woes in China Persist as Huawei Makes Huge Chip Breakthrough
Aside from the popular Apple and Samsung brands, Huawei is probably one of the few other companies that has designed its smartphone processor.
SMIC Sustains 20.6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years
By
Tolu Ajiboye
Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.
China’s Largest Chipmaker SMIC Posts Impressive 2022 Revenue
The revenue posted by SMIC is arguably one of the biggest signs of recovery for the Chinese economy.
Chinese Chip Manufacturer Secures Approval for $2.5B IPO in Hong Kong
Hua Hong will use the funds to start a new fabrication plant will be in the eastern city of Wuxi, and the construction of the same will start in 2023.
SMIC Shares Down 5%, Stock Negatively Reacted to Company’s Challenges
By
John K. Kumi
Liang, whose resignation rumor has affected the performance of SMIC shares, was actively involved in the technological progress of the company.
S&P DJI to Delist 21 Chinese Firms Following Trump’s Executive Order
In addition to S&P DJI, index provider FTSE Russell noted last week that it will delist major Chinese tech companies from its FTSE Global Equity Index Series.
SMIC Shares Slump 8% Following U.S. Export Restrictions
The shares of Semiconductor Manufacturing International Corporation (SMIC) have sunk to its four-month low following reports on export restrictions from the United States.
Hong Kong Investor Says China Will Raise Huge Amount of Money through IPO Market
By
Tolu Ajiboye
As the trade war persists between China and Trump’s administration, Investor Sam Le Cornu said China would make good money via the IPO market.
China’s Biggest Contract Chipmaker Stock SMIC Plunges After U.S. Hints of Blacklisting the Firm
The U.S. Department of Defense said that there were reports of SMIC’s alleged involvement with the Chinese military and further passing on their chip technology for China’s defense purposes.
China’s SMIC Plans to Raise $2.8 Billion Listing on Shanghai’s Star Market
On June 2, China’s biggest contract chip manufacturer, Semiconductor Manufacturing International (SMIC), filed for a listing in Shanghai aiming to raise $2.8 billion for expansion and operations purposes.