China’s Semiconductor Manufacturing International Corporation (SMIC) cannot meet customer demands for certain mature technologies and its plants have been running “fully loaded” for several quarters, it said on Friday.
Zhao Haijun, co-CEO of China’s largest chipmaker, made the comments during a conference call after its latest quarterly results. He also said external sanctions would continue to affect the company’s revenue growth.
is a key player in China’s efforts to build up its domestic semiconductor manufacturing capabilities, but sanctions by the former administration have curbed US companies from compared it.
The company is also an important player in the global semiconductor supply chain, which is under heavy pressure as pandemic lockdowns drive up demand for electronics such as laptops and phones.
Global automakers, in particular, have been caught off guard by the chip shortage, and firms fromto Stellantis have announced that they have slowed down production and furloughed thousands of workers.
In more chip-related news,, the world’s largest smartphone chipmaker, warned it is demand, signaling that a global semiconductor shortage is spreading.
“The shortage in the semiconductor industry is across the board,” said incoming Chief Executive Officer.
Like most chipmakers, Qualcomm outsources production to companies such asand . These suppliers are trying and so far failing to adjust to a vigorous rebound in demand. The auto sector has complained about this recently, but Qualcomm’s comments show the problems are broader.
When thepandemic first struck in early 2020, chip orders initially collapsed. But remote work and studying has spurred demand for computers, while car buying has surged as people avoid public transport. That, in turn, has caused auto and electronics makers to re-up their chip purchases.
Amon said orders for chips that run computers, cars and many other Internet-connected devices are swamping the industry, which mostly relies on just a handful of factories in Asia. Supply should improve in the second half of 2021, he added.
Is LG Wing’s unique design alone enough to help it succeed in India? We discussed this on, our weekly technology podcast, which you can subscribe to via , , or , , or just hit the play button below.