Increasing competition among contract chip makers in China is pushing prices down

At last week's quarterly earnings call, SMIC management made a number of announcements that deserve special mention. In particular, the contract chipmaker expressed concerns about the potential for increased competition in the Chinese market to negatively impact price levels. In addition, SMIC management believes that after 2025, the expansion of chip production in the world will occur at a more restrained pace. Image source: SK hynix
Source: 3dnews.ru

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