The US government on Friday slapped harsh restrictions on Semiconductor Manufacturing International Corporation (SMIC) as the Trump administration continues to pile pressure on Chinese firms during its final weeks. The Commerce Department announced that dozens of Chinese companies, including SMIC, would be added to a so-called Entity List that effectivelyContinue Reading

Semiconductor Manufacturing International Corporation (SMIC), China’s biggest chipmaker, said Wednesday it was trying to confirm Chinese state media reports that its co-CEO Liang Mong Song had resigned, apparently in protest at the appointment of Chiang Shang-Yi, the former co-COO of Taiwanese chipmaker TSMC, to the board. SMIC didn’t say whichContinue Reading