- SMIC needs to develop 7nm foundry capabilities to help China-based companies fill the void left by TSMC and Samsung.
- But even with government support, SMIC faces a significant challenge in developing 7nm manufacturing capabilities.
Richard Chang Rugin, the founder and former CEO of Semiconductor Manufacturing International Corp (SMIC), said in a forum this week that he was “optimistic” China could catch up to the US in developing advanced chipmaking capabilities, according to Reuters.
Chang hedged this outlook by warning that China should not underestimate the impacts of US efforts to curtail the development of its tech economy. He said that investment in R&D and raw material sourcing would be key factors in making China’s tech sector more competitive.
SMIC will play a foundational role in the development of China’s tech sector, since it’s attempting to match the foundry capabilities of Samsung and TSMC. Samsung and Taiwan Semiconductor Manufacturing Company (TSMC)