SMIC Archives - Pandaily

Semiconductor Foundry Giant SMIC’s Q1 Net Profit Decreases by 44% YoY

SMIC, a prominent Chinese semiconductor foundry company, released its financial report for the first quarter. The company reported an operating revenue of 10.209 billion yuan ($1.47 billion), which is a decrease of 13.9% compared to the previous year's figures.

Former Deputy Director of SMIC Joins Foxconn to Lead Semiconductor Business

Hon Hai Precision Industry, a leading electronics manufacturer which trades as Foxconn Technology Group, announced on November 22 that it would recruit Chiang Shang-yi, a former executive at Taiwan Semiconductor Manufacturing Co (TSMC), as the group's new semiconductor strategy chief.

American Semiconductor Maker Texas Instruments to Finish Packaging and Testing Plant in Chengdu

Texas Instruments, a semiconductor design and manufacturing enterprise located in Texas, US, announced that its second packaging and testing plant at the manufacturing base in Chengdu, Sichuan Province, will be put into production within the next few months.

Chinese-American Executives of Chinese Semiconductor Makers Face Challenges amid Restrictions from U.S.

The US’s Bureau of Industry and Security added 31 new Chinese entities to an "Unverified List" on October 7, a move that affects fields like electric vehicles, aerospace and even smartphones.

China’s SMIC Vies for Edge in Global Race to Chip Supremacy

SMIC, the leading Chinese chipmaker, aims to play a major role in the hastening semiconductor arms race.

SMIC Announces Board Changes and Q2 Financial Report

Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) on August 11 announced several board changes and its financial report for the second quarter of this year.

Former Arm President Tudor Brown Resigns From SMIC Board

Tudor Brown, the former president of British tech giant Arm, announced on August 11 through his LinkedIn page that he has resigned from the board of directors of Chinese IC manufacturing company SMIC.

100-Member Team Dissolved as SMIC Software Project Stops, Rumors Say

A new 12-inch wafer CIM localization project in Beijing operated by China's leading chipmaker, Semiconductor Manufacturing International Corporation (SMIC), was recently suspended.

SMIC Executive VP and Core Technician Zhou Meisheng Retires

Shanghai-based computer chip firm SMIC, announced late Thursday that Zhou Meisheng, Executive Vice President of Technology Research & Development and a core technician of the company, has retired.

SMIC to Build 28nn Chip Production Line in Shanghai worth $8.8 Billion

SMIC announced that it signed a cooperation agreement with Shanghai's Free Trade Zone Lin-Gang Special Area Administration.

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

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.

SMIC Executive Departs Company

On July 4th, SMIC announced that Wu Jingang, a core technician, recently applied to resign from his position for personal reasons and completed the resignation procedures.

Xiaomi Among Nine More Firms US Adds to Chinese Military Blacklist

The Trump administration on Thursday added nine Chinese firms to government blacklists of companies that it says have ties to the Chinese military.

Sina Agrees to Delist from Nasdaq in a $2.6B Deal

Chinese internet giant Sina announced on Sept. 28 that it would go private and delist its US shares, ceasing to trade on Nasdaq where it went public in 2000, after an entity led by Charles Chao, the chairman of Sina, boosted its offer for the company to $43.3 a share in cash.