Smic Hopeful For Growth Achieves Optimistic Financial Figures
The COVID pandemic has decreased employee turnover, and recent graduates have shown a strong interest in working in the semiconductor industry. Even though the new US trade regulation expressly forbids US persons from facilitating the growth of advanced semiconductor technology in China (especially companies on the Entity List), SMIC co-CEO Zhao Haijun claimed that the company’s talent reserve is in the best condition ever. In the upcoming 5-7 years, SMIC plans to expand the monthly capacity of 5 subsidiaries’ new manufacturing lines to 340,000 units of 12-inch wafer equivalent....