SMIC

TECH

Taiwan imposes export controls on Huawei, SMIC, and some of their subsidiaries, restricting their access to tech and equipment necessary for AI chip production (Debby Wu/Bloomberg)

Featured Podcasts Techmeme Ride Home: Omnibus 06/09 The day’s tech news, every day at 5pm ET. Fifteen minutes and you’re…

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BUSINESS

China’s SMIC Q4 profit slumps 38.4%, misses estimates despite revenue growth

BEIJING (Reuters) -Semiconductor Manufacturing International Corp. (0981.HK), China’s largest contract chipmaker, reported a 38.4% year-on-year fall in fourth-quarter profit. Profit…

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