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home / news releases / SMICY - SMIC Mainland China's TSMC Rival Makes A Strategic Business U-Turn

SMICY - SMIC Mainland China's TSMC Rival Makes A Strategic Business U-Turn

Semiconductor Manufacturing Intl Co ADR
  • SMIC is the largest mainland China-based foundry business, as well as the biggest hope for the country to realize semiconductor self-sufficiency.
  • Despite investing hugely in R&D, SMIC hasn't seen much progress at advanced nodes.
  • SMIC's strategies shift to expand capacities at the mature nodes.
  • The advantages possessed by SMIC include the huge domestic market and government support.

For further details see:

SMIC, Mainland China's TSMC Rival, Makes A Strategic Business U-Turn
Stock Information
Company Name: Semiconductor Manufacturing Intl Co ADR
Stock Symbol: SMICY
Market: OTC
Website: smics.com
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