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Semiconductor Manufacturing International Corporation (SMIC)

Semiconductor Manufacturing International Corporation (SMIC)

Semiconductor foundry

Appears in 2 stories

Stories

Huawei rebuilds global smartphone ambitions on homegrown chips despite US export controls

New Capabilities

Manufacturing Huawei's most advanced chips using workaround lithography techniques

In May 2019, the United States placed Huawei, the world's largest telecom equipment maker, on an export blacklist, cutting the company off from American chips, software, and chipmaking tools. Seven years later, Huawei launched its Mate 80 Pro smartphone globally from Madrid, powered entirely by a processor designed in-house and made by China's largest chipmaker using equipment the US tried to deny.

Updated May 29

China's $300 billion chip independence gamble

New Capabilities

China's largest chipmaker achieving 5nm mass production in January 2026, though yields remain 30-40% versus TSMC's 80%+

Biren Technology's shares surged 76% on January 2, 2026, raising $717 million in Hong Kongβ€”the first GPU chipmaker to list this year. Despite losing $1.6 billion annually and facing US export bans, investors oversubscribed 2,348 times; rivals Moore Threads and MetaX followed with Shanghai IPOs that surged 400% and 700%.

Updated May 19