China making more advanced chips — but Beijing still faces challenges

A Chinese flag next to a printed circuit board with semiconductor chips. Florence Lo | Reuters China’s biggest chipmaker SMIC seems to have been manufacturing advanced chips in the last few months — defying U.S. sanctions designed to slow down Beijing’s progress. But there are still some major challenges to China’s bid to become more … Read more

China’s EV and chip giants need workers, not necessarily college grads

YANTAI, CHINA – SEPTEMBER 8, 2023 – Students conduct an industrial robot training at Yantai Cultural and Tourism Vocational College in Yantai, East China’s Shandong province, Sept 8, 2023. At present, China has built the largest vocational education system in the world, and the middle and higher vocational schools train about 10 million high-quality technical … Read more

China’s SMIC posts a 80% drop in third-quarter profit

BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as … Read more

China’s largest chipmaker SMIC posts first income fall in 3 years

SMIC has been hit with U.S. sanctions however its enterprise has continued to develop. Nonetheless, China’s largest chipmaker nonetheless faces a problem catching up with rivals corresponding to TSMC. Qilai Shen | Bloomberg | Getty Photographs China’s largest semiconductor manufacturing agency SMIC on Friday posted its first decline in quarterly income in additional than three … Read more