Tag: SMIC

Here you will find all the articles with the tag: SMIC.

China’s SMIC to build a new Shanghai plant

China’s SMIC to build a new Shanghai plant

China‚Äôs SMIC (Semiconductor Manufacturing International Corp) will invest $8.87 billion to build a plant in Shanghai. SMIC announced the news on Friday, saying it plans to expand capacity, amid a global shortage as Beijing aims to become independent in the sector. The expansion by the country‚... Read more

date2 years ago
US puts extra sanctions on Chinese chip manufacturer SMIC

US puts extra sanctions on Chinese chip manufacturer SMIC

The United States has added dozens of companies to the list of those that may be cooperating with the Chinese army. Such companies must meet strict conditions in order to trade with the US. According to the US Department of Commerce, the sanctions are the result of Beijing's attempts to use cons... Read more

date2 years ago
Biden continues China trade ban, shifts emphasis

Biden continues China trade ban, shifts emphasis

The next US President, Joe Biden, does not intend to put an end to the trade war his predecessor started with China any time soon. This is contrary to what analysts expected. In an interview with the New York Times, Biden says that he has no intention of taking immediate action on the China poli... Read more

date2 years ago
Chinese trade block extended to SMIC

Chinese trade block extended to SMIC

US President Donald Trump has added some new names to the list of Chinese companies associated with the Chinese army. These include SMIC, a chip manufacturer, and CNOOC, a major oil company. The trade ban is a further step in a series of blockades imposed by the US Government for security reason... Read more

date2 years ago