SMIC Rises to World’s 3rd Largest Chip Foundry with Huawei’s Help
Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) has climbed to the third spot in the global foundry market by sales for the first quarter of 2024. This milestone was reached despite the ongoing trade restrictions enforced by the US government. Market Share and Financial Performance A report from tech research firm Counterpoint shows that SMIC captured […]
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