Over the years, China has ceased to be only the largest electronics producer, having turned into one of the largest sales markets. Local manufacturers are trying to produce components in China to reduce the cost of transporting products and the cost of the finished product. This allows local contract manufacturers of semiconductor products to spread their wings and look to the future with hope. As the site DigiTimes , last year, SMIC revenue increased by 30.3% compared to the previous year.
The company, according to its CEO, does not relax, and is ready not only to invest in the expansion of production facilities using substrates with a size of 300 mm , but also within this year to begin preparations for mastering the 7-nm process technology. Similar intentions put SMIC on a par with Intel, TSMC, Samsung and GlobalFoundries - the whole question is how soon the Chinese manufacturer will be able to establish a serial production of 7-nm products. Partners at SMIC, I must say, are the most serious: Huawei, Imec, AMEC, ASML, Cadence, ARM, Synopsys and Mentor Graphics.
On research and development SMIC is ready to spend at least 12-13% of revenue each year. This is the only way to keep up with market trends, and to offer customers the most advanced technological processes. With the "Internet of Things" market, SMIC is pinning special hopes: components for profile devices will be produced in billions of copies, and the requirements for their energy consumption and cost will push developers to use the most modern lithographic standards.
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