Leading Chinese Chip Maker SMIC Records Stellar H1 2021 Growth, Despite Sanctions

Headquartered in Shanghai and incorporated in the Cayman Islands, SCIM is China’s largest manufacturer of semiconductors. (Image: SCIM) 

Semiconductor Manufacturing International Corporation (SMIC) has released its report for the first half of 2021, revealing a 278% year-on-year increase in net profits compared to the same period last year, even while U.…