China invests $2.2 billion in domestic foundry SMIC

Now that U.S. President Donald Trump has control over shipments of chipsets to Huawei, the latter is going to have to come up with alternative plans if it wants to keep producing high-end phones. The manufacturer obviously sensed that something was going to happen because last month we told you that it had started moving some chip production for its mid-range phones to SMIC. The latter is the largest foundry in China and because it produces chips using equipment totally covered by Chinese intellectual property, the U.S. should not be able to determine whether SMIC can ship chips to Huawei.

SMIC's ...

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