Breaking News

PNY Unveils CS3250 M.2 NVMe PCIe Gen5 x4 SSD Arx 500 White ARGB – compact form and full performance from ENDORFY CORSAIR releases Top-of-class PCIe 5.0 SSD and Adds 4TB option in M.2 2242 size CASIO G-SHOCK Expands Its Premium Lineup with Two New Flagship Releases ADATA Launches World's First Two-in-one External SSD Integrated with Power Bank Module

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Chinese Government Injects $2.2 Billion Into Chip Firm SMIC

Chinese Government Injects $2.2 Billion Into Chip Firm SMIC

Enterprise & IT May 17,2020 0

China’s state-backed funds provided $2.25 billion into a Semiconductor Manufacturing International Corp. (SMIC) wafer plant to support advanced-chip making as the U.S. is tightening technology restrictions on the Asian country.

SMIC plant’s registered capital jumps from $3.5 billion to $6.5 billion after the investment, the company announced in on Friday.

The chipmaker’s stake in the Shanghai facility will drop from 50.1% to 38.5%, it said. The plant has capacity to produce 6,000 14-nanometer wafers a month and plans to boost that to 35,000.

The new investment came as Washington moved to prevent sales to Huawei Technologies Co. by chipmakers using U.S. technology. The Commerce Department on Friday said it would require licenses before allowing U.S. technology to be used by the Chinese company or its 114 subsidiaries, including its chip-design unit HiSilicon.

China hopes that local chipmakers can reduce the country’s reliance on U.S. technology.

Shanghai-based SMIC is also said to have started mass production of the Huawei Kirin 710A chip based on its 14-nanometer semiconductor technology. The chip is clocked at 2.0 GHz, domestic financial news site chinastarmarket.cn reported on Monday.

Huawei's chip arm HiSilicon declined to confirm or deny the report.

The Kirin 710 is a relatively old design, which combines four Cortex-A73 CPU cores on the same die with four Cortex-A53 cores. But still, if the report is true, the Kirin 710A is the first pure Chinese chip with independent intellectual property rights.

Previously, all chips for Huawei mobile devices were designed by HiSilicon, and then manufactured by TSMC.

But US has applied pressure to TSMC in order to prevent the foundry from selling chips to Huawei.

Taiwan Semiconductor Manufacturing Co Ltd, which unveiled a $12 billion investment plan in Arizona on Friday, has not been given any assurances that it will be granted a license to allow it to sell U.S. technology to China’s Huawei, a senior U.S. official said.

Tags: SMICChina
Previous Post
United Launch Alliance Launches the Sixth Orbital Test Vehicle for the U.S. Space Force
Next Post
MSI Unveils New Workstations, IoT edge Computers, Chassis and Liquid Cooler

Related Posts

  • Chinese chipmaker SMIC surpasses INTEL

  • TSMC Does Not Accept New Orders From Huawei: Nikkei

  • Goke Microelectronics Introduces the 311C-Y SSD Based on Yangtze Memory's 64-Layer TLC Flash

  • Chinese UOS Operating System Available for Free Download

  • U.S. Wants to Cut Huawei Off From Chip Suppliers

  • FBI and CISA Warn Against Chinese Targeting of COVID-19 Research Organizations

  • Chinese SMIC Sees Positive Feedback for 14nm Chips, Increases Capital Expenditure

  • China's Mobile Shipments Increased in April

Latest News

PNY Unveils CS3250 M.2 NVMe PCIe Gen5 x4 SSD
PC components

PNY Unveils CS3250 M.2 NVMe PCIe Gen5 x4 SSD

Arx 500 White ARGB – compact form and full performance from ENDORFY
Cooling Systems

Arx 500 White ARGB – compact form and full performance from ENDORFY

CORSAIR releases Top-of-class PCIe 5.0 SSD and Adds 4TB option in M.2 2242 size
PC components

CORSAIR releases Top-of-class PCIe 5.0 SSD and Adds 4TB option in M.2 2242 size

 CASIO G-SHOCK Expands Its Premium Lineup with Two New Flagship Releases
Consumer Electronics

CASIO G-SHOCK Expands Its Premium Lineup with Two New Flagship Releases

ADATA Launches World's First Two-in-one External SSD Integrated with Power Bank Module
Consumer Electronics

ADATA Launches World's First Two-in-one External SSD Integrated with Power Bank Module

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed