Technology

2/3 of the employees of China’s largest chip company eat and sleep at the factory

SMIC said that more than 60% of employees in Shanghai are sleeping in complexes, showing the great pressure they face inside and outside the city to maintain China’s semiconductor supply chain. SMIC is one of Shanghai’s most important enterprises, and is also the flagship of the country’s semiconductor autonomy efforts. The company has been operating […]

Technology

China is still ‘3-4 generations’ away from advanced semiconductor technology

Even with billions of dollars spent developing its domestic semiconductor industry, China still doesn’t have the capacity to produce state-of-the-art chips. Semiconductors appear in everything from smartphones and computers to cars and home appliances. Mario Morales, vice president of research firm IDC, said that China is still “three or four generations” behind in terms of […]

Technology

China-backed company buys UK’s largest chip factory

The UK’s largest chipmaker, Newport Wafer, will sell itself to Chinese semiconductor company Nexperia for $87 million next week, according to two sources familiar with the matter told CNBC. Nexperia is a Dutch company but 100% belongs to Wingtech Technology of China. Speaking to CNBC, the company said negotiations were still ongoing. Located in Newport, […]