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Summary China sanctions are aiding Chinese equipment companies as HoH growth is 4x greater than non-Chinese equipment companies. Sanctions have also proven ineffective as Chinese companies SMIC have reached the 7nm node and YTC is selling NAND chips to Apple. SMIC has been dev...
Semiconductor Manufacturing International Corp ( OTCQX:SMICY ) said Friday it inked a framework deal for a 12-inch wafer production line in Tianjin, China. SMICY plans to invest $7.5B in the production line and will set up a production-oriented independent firm in Xiqing D...
The U.S. CHIPS Act makes no provisions to China’s resolve to eliminate foreign semiconductor equipment suppliers as it moves to self sufficiency. Fabs built in the U.S. under the CHIPS Act would have been built in a different country without the governmental handouts of $52 bil...
SMIC’s Q2 revenue rose by 40% year-on-year and 3.3% QoQ, but the company forecast possible flat sequential growth in the third quarter. Despite the revenue gains, its net profit for the quarter fell by 25.2% year-on-year to $514 million, mainly the result of $86.95 million in l...
Semiconductor Manufacturing International ADR press release ( OTCQX:SMICY ): Q2 Gross profit was $750.5M, up 85.3% Y/Y. Revenue of $1.9B (+3.3% Y/Y). Revenue to increase by 0% to 2% QoQ. Gross margin to range from 38% to 40%. For further details see: Semicond...
Following the report of the potential ban on ASML from supplying DUV equipment, we expect this to be a threat to Semiconductor Manufacturing International as its FinFET/28nm accounts for 18.9% of sales. Although Canon and Nikon are alternative suppliers, we believe ASML's market domin...
The Biden Administration is going over new sanctions to stop sending certain chip equipment tools to China to make advanced semiconductors, while also not hurting the global economy, Reuters reported . The news outlet, citing five people familiar with the matter, noted that the ...
U.S. sanctions against China's SMIC haven't worked in the last 18 months as SMIC moves to the 7nm node using DUV lithography. Assuming SMIC makes 7nm logic chips instead of 28nm at its new fabs, Applied Materials will generate net revenues of just $14 million. Other equipment supp...
We analyzed the company’s diversified revenue streams from its business segments and expect its largest segment (Mobile) revenue growth at 5.8% through to 2026. For its semiconductor business, we expect its growth to be driven by robust growth in the DRAM (34%) and NAND (26%) m...
U.S. sanctions against China's SMIC haven't worked in the last 18 months as SMIC continues to exhibit strong revenue growth at the 14nm node and above. As with the Russian sanctions, where Biden strongly stated "sanctions never deter," questions are raised about the impact of these sa...
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InfiRay Releases World's 1st 8 Micron Thermal Camera Detector Yantai, China, June 9, 2021 - (ACN Newswire) - InfiRay has developed the world's 1st 8 micron uncooled thermal camera detector, with a large array (1920 x 1080) and core technologies including a low noise readout ci...
SMIC Reports 2020 Fourth Quarter Results All currency figures stated in this report are in US Dollars unless stated otherwise. The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). PR Newswire ...
SMIC Announces Fourth Quarter 2020 Webcast Conference Call SMIC (SSE STAR MARKET: 688981, SEHK: 981, OTCQX: SMICY) PR Newswire SHANGHAI , Jan. 5, 2021 /PRNewswire/ -- Please join SMIC's earnings conference call. The fourth quarter 2020 ...