SMIC cuts capex and R&D
China’s leading foundry, SMIC, has been cutting capex and R&D despite soaring imports of chip manufacturing equipment into China.
By David Manners, ElectronicsWeekly (September 4, 2024)
SMIC cut its H1 capex from $12 billion in H1 2023 to $8 billion in H1 2024 despite China spending $25 billion on semiconductor manufacturing equipment this year which is more than Korea, Taiwan and the US combined.
To read the full article, click here
Related Semiconductor IP
- DeWarp IP
- 6-bit, 12 GSPS Flash ADC - GlobalFoundries 22nm
- LunaNet AFS LDPC Encoder and Decoder IP Core
- ReRAM NVM in DB HiTek 130nm BCD
- UFS 5.0 Host Controller IP
Related News
- Chartered still losing money, cuts capex
- ST to 're-deploy' 1,000 engineers amid Q1 losses, CapEx cuts
- Expected Top Ten IC Industry Capex Spenders In 2010
- TSMC to reportedly boost capex, build new fab
Latest News
- Global Semiconductor Sales Increase Substantially in February
- Hardware Root of Trust Essential for AI Chip Integrity
- AI Compute Demand Drives 44% YoY Growth for Top 10 Global Fabless IC Firms in 2025
- IBM Announces Strategic Collaboration with Arm to Shape the Future of Enterprise Computing
- Rambus Unveils HBM4E Controller: 16 GT/s, 2,048-Bit Interface, Enabling C-HBM4E