SMICY News and Press, Semiconductor Manufacturing Intl Co ADR From 03/22/21

ASML's EUV lithography system revenues are dominating its product sector with more than 45% of revenues in 2020, but sales are blocked to China. ASML's dominant share of immersion DUV, which is used between 7nm and 65nm nodes, has been eroding against Nikon in the past few years. ...

We have historically defined the “defense industry” as Dwight Eisenhower did with the expression, “military-industrial complex”. However, given geo-political tensions, the term should be expanded to include companies critical to our global competitive posit...

SMIC is a Chinese pure-play foundry with a market share of 5% and has strong ties to the government which provides funding for its expansion. The company may not fully benefit from the industry supply crunch due to trade restrictions on the company and challenges faced by its largest ...

Beijing will seek a meeting between President Biden and Xi Jinping next month if today's first high-level U.S.-China talks in Alaska are productive, WSJ reports. The meeting as envisioned by Chinese officials would be organized around Earth Day to show both leaders are focused on fight agains...

Xiaomi won a temporary injunction from a U.S. ban that forced American investors to divest from the company due to its ties to the Chinese military. Eight other firms were put on the same ban list in mid-January, including Huawei, SMIC (SMICY), and Luokung Technology (LKCO).LKCO shares are up...

The Chinese Semiconductor Industry Association ((CSIA)) is forming a working group with its U.S. trade association equivalent, Semiconductor Industry Association ((SIA)).The companies representing each association will meet twice a year to discuss important industry matters, including trade p...

Licenses for U.S. wafer fab equipment companies to supply to SMIC (SMICY) are progressing enough to allow the Chinese foundry's capacity expansion for mature process nodes, according to TrendForce.The U.S. is allowing licenses for equipment and technology that can produce 14nm and above proce...

Last year, the U.S. Department of Commerce put SMIC (SMICY), China's largest chip foundry, on the banned entity list, which requires domestic companies to apply for licenses in order to supply to SMIC.License decisions are supposed to come within a month of the application, but Reuters s...

ASML ([[ASML]] -3.6%) and SMIC (SMICY), China's largest chipmaker, extend their supply agreement until the end of 2021.SMIC has already spent $1.2B with the semiconductor equipment company under the agreement, which started in 2018.ASML says the order relates to deep ultraviole...

In 2019, ASML moved to the top of the Wafer Front End ("WFE") rankings over Applied Materials. Applied Materials can move back to the top if it meets its guidance of $3.45 billion for the semiconductor sector in the current quarter. In 2021, large WFE equipment purchases by TSMC a...