Chinese firm sees 93.7% capacity use as high demand drives chip shortages

Chinese firm sees 93.7% capacity use as high demand drives chip shortages

Demand is high for mature-node chips for AI processors, and China’s Semiconductor Manufacturing International Corporation (SMIC) intends to raise the bar, according to the report. SMIC is a partially state-owned Chinese company that operates as the largest contract chipmaker in China and the third largest globally. It manufactures microchips for external tech companies based on their proprietary designs. It fabricates silicon wafers used in smar…

China’s SMIC says AI “spillover effects” boosting peripheral chip prices

Semiconductor Manufacturing International Corporation (SMIC), China’s top contract chipmaker, said the artificial intelligence boom is driving massive demand for peripheral AI chips, and that there is “no chance” the company will lower its prices despite weaknesses in the smartphone and automotive markets. On August 14, co-CEO Zhao Haijun said the company’s most substantial growth came from the China market, “mainly driven by robust demand for A…