In the first half of the year, the issue of outstanding pensions will be settled, stressed Kostis Hatzidakis through SKAI. The Minister of Labor commented that in the summer of 2019 they amounted to 190,000, last winter when he received the ministry they reached 155,000, and now they have been reduced to about 120,000, of […]
Tag: Minimum wage
SMIC Invests $ 8.87 Billion in New Shanghai Chip Factory
China’s Semiconductor Manufacturing International Corp (SMIC) is investing $ 8.87 billion to build a chip manufacturing plant in Shanghai. Thus, a large contract manufacturer of semiconductor products intends to tackle the global shortage of microcircuits in the light of Beijing’s efforts to strengthen the country’s technological independence. The 300mm wafer facility will be able to […]
US restrictive measures did not prevent SMIC from increasing revenue by 43%
Semiconductor Manufacturing International Corp (SMIC), China’s largest semiconductor contract manufacturer, closed the week with a quarterly report. The company said strong domestic demand is helping it generate stable profits despite tough United States measures that have limited SMIC’s access to US technology since last year. At the same time, SMIC admits that trade restrictions imposed […]
SMIC Invests in $ 2.35B Manufacturing in Shenzhen
Semiconductor Manufacturing International Corp. (SMIC) today announced that it plans to work with Shenzhen’s executives to invest in a 40,000 wafer-per-month factory located in the city. The enterprise value is $ 2.35 billion. SMIC will be able to expand production of semiconductor products, but only through “mature” technological processes SMIC, the largest chip maker in […]
According to unofficial data, SMIC managed to bring the percentage of yield of suitable 14-nanometer products to 95%.
The largest Chinese manufacturer of microcircuits, Semiconductor Manufacturing International Corporation (SMIC), according to Chinese sources, was able to bring the percentage of yield of suitable products manufactured at 14 nm standards to 95%. However, some industry observers have expressed doubts about the veracity of these reports, especially since they do not come from the manufacturer […]
SMIC will be able to expand production of semiconductor products, but only through “mature” technological processes
As you know, the US Department of Commerce has blacklisted SMIC, the largest Chinese semiconductor manufacturer. Semiconductor equipment and technology suppliers must now obtain licenses from the US government to supply their SMIC products. Licenses are needed in the case of technical processes for the manufacture of products according to standards of 14 nm or […]
ASML extends contract with SMIC until the end of 2021
Dutch chipmaker ASML Holding NV has extended its deal with Semiconductor Manufacturing International Corp (SMIC), China’s largest chipmaker, until the end of this year. Yesterday, SMIC announced that it has a contract under which it has already paid ASML $ 1.2 billion. In a clarification posted a few hours later, ASML said the agreement went […]
