Chinese state funds are ramping up support for the country’s second-largest contract chipmaker, pouring billions of yuan into the parent…
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AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong
China’s top two contract chipmakers, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Grace Semiconductor, saw their profits surge by…
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Chinese foundries SMIC, Hua Hong forecast second-quarter growth amid AI boom
China’s leading semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, expect their second-quarter sales to rise amid…
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