There is no doubt that SMIC, as the first wafer plant in China, carries incomparable expectations, and its performance in technology and stock market is also commendable.
Today, SMIC disclosed that the 14nm process has entered the mass production stage, and the yield rate is steadily climbing. Previously, it also announced that the capital expenditure in 2020 will increase from $4.3 billion to $6.7 billion, and the over raised capital of initial public offering (IPO) has also reached 25.66 billion yuan.
On the interactive platform, many investors have raised very fierce questions to SMIC. For example, the US sanctions Huawei, which led to TSMC's failure to manufacture Kirin chips after September 14. SMIC also abides by international regulations. While a Chinese enterprise whose customers are basically in the Chinese market abides by the unreasonable rules of the United States, why buy your shares? Even if you listen to American, can you buy a lithography machine?
In response, SMIC said, SMIC is a contract enterprise, facing diversified customers at home and abroad, must abide by the laws of the place of operation, legal compliance.
As the only hope for China to catch up in the field of chip foundry, can SMIC build a product line without us supply chain technology?
SMIC's response is: