- SMICY's operating income followed an upward trend in the first half of 2020. While most of its revenue is from high-nanometer nodes, the foundry kept expanding its capex at sub-14.
- Various catalysts, including the government subsidies, resolved internal conflicts, and the growing consumption market in China will exert a positive effect on SMICY's future performance.
- The US sanctions will further suppress SMICY's development, widening the gap between the mainland foundry and TSMC, and impeding its cooperation with other suppliers.
- Once SMICY solves its supply problems, it will be back on track in its quest to catch up with other top players in the area for the next five years.
For further details see:
Potential Risks Are Not Likely To Impede Semiconductor Manufacturing International's Expansion