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South China Morning Post
02-07-2025
- Business
- South China Morning Post
Mainland China chipmaking capacity to outstrip Taiwan by 2030: report
Mainland China is on track to surpass Taiwan in semiconductor foundry capacity by 2030, according to a report from Yole Group, underscoring Beijing's progress in its push for chip self-sufficiency amid ongoing US tech restrictions. Advertisement The mainland's share of global foundry capacity is projected to reach 30 per cent by the end of the decade, up from 21 per cent in 2024, the French market research firm said. Taiwan is currently the market leader with a 23 per cent share last year, while mainland China is already ahead of South Korea at 19 per cent, Japan at 13 per cent and the US at 10 per cent. 'Mainland China is rapidly becoming a central player,' Yole Group said, attributing the shift to Beijing's intensified efforts to build a self-sufficient domestic semiconductor ecosystem since Washington launched a tech war that aimed to curb China's progress in critical areas such as chips and artificial intelligence (AI) Beijing has doubled down on its 'whole nation' approach to its self-sufficiency drive. The state-backed China Integrated Circuit Industry Investment Fund, known as the 'Big Fund', has successfully fostered the development of key companies such as Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, two of the country's leading wafer foundries. Domestic fabs are set to play a bigger role over the next few years, according to the report, which said local chipmakers accounted for 15 per cent of foundry capacity in 2024. That share will be 'significantly more' by 2030, the report said. Advertisement
South China Morning Post
06-06-2025
- Business
- South China Morning Post
China's top chipmaker SMIC offloads stake in Ningbo affiliate to focus on core operations
Semiconductor Manufacturing International Corp (SMIC), mainland China's largest contract chipmaker, has divested its entire stake in an unprofitable chip foundry operation amid a new wave of consolidation in the domestic integrated circuit (IC) industry. Shanghai -based SMIC agreed to sell its 14.83 per cent stake in Ningbo Semiconductor International (NSI) for 57.01 yuan (US$7.94) per share to semiconductor design firm Goke Microelectronics , according to the chipmaker's filing on Thursday. The deal's total amount was not disclosed. 'This transaction will help the company focus on its core business,' SMIC said in the filing. A separate filing on Friday by Shenzhen -listed Goke Microelectronics revealed the firm's plan to buy more shares in NSI – headquartered in Ningbo, eastern Zhejiang province – from 10 other stakeholders to raise its stake to 94.37 per cent, using a combination of cash and shares. The stakeholders include the China Integrated Circuit Industry Investment Fund , also known as the 'Big Fund'. The Hong Kong -listed shares of SMIC fell 4.9 per cent to HK$40.20 (US$5.12) on Friday, while its stock in Shanghai gained 0.2 per cent to 84.56 yuan. Goke Microelectronics' shares in Shenzhen rose 5.5 per cent to close at 85.50 yuan. SMIC's asset sale and Goke Microelectronics acquisition reflect efforts by domestic semiconductor firms to strengthen their operations in response to the US government's tightened tech restrictions on China
