On December 21, Zhaoyi Innovation stated on the interactive platform that the company’s current OEM products at SMIC do not involve technology nodes of 10nm and below, and the sales of the company’s products are not restricted by the entity list. At the same time, the company’s supply chain management adopts a diversified layout, and the company will not be greatly affected by the current situation. Previously, a vice president of a chip company said that after the U.S. Department of Commerce increased sanctions, among A-share listed companies, Zhaoyi Innovation was greatly affected.
On December 18, the U.S. Department of Commerce added SMIC to the Entity List (“Entity List”). On the evening of the 20th, SMIC issued an announcement stating that it was included in the Entity List. The company was concerned that the U.S. Department of Commerce had included SMIC and some of its subsidiaries and shareholding companies in the “Entity List” on the grounds of protecting U.S. national security and diplomatic interests. .
SMIC stated that after the company’s preliminary assessment, the matter has no significant adverse impact on the company’s short-term operations and financial conditions, but has a significant adverse impact on the research and development and production capacity construction of advanced processes of 10nm and below. Communicate, and take all feasible measures as the case may be, actively seek solutions, and strive to minimize adverse effects.
Some people in the industry said that the biggest impact of this move on SMIC is the advancement of advanced manufacturing processes, and it has little impact on mature process business. SMIC’s restrictions will indeed exacerbate the current situation of tight chip production capacity.
On December 21, Zhaoyi Innovation stated on the interactive platform that the company’s current OEM products at SMIC do not involve technology nodes of 10nm and below, and the sales of the company’s products are not restricted by the entity list. At the same time, the company’s supply chain management adopts a diversified layout, and the company will not be greatly affected by the current situation. Previously, a vice president of a chip company said that after the U.S. Department of Commerce increased sanctions, among A-share listed companies, Zhaoyi Innovation was greatly affected.
On December 18, the U.S. Department of Commerce added SMIC to the Entity List (“Entity List”). On the evening of the 20th, SMIC issued an announcement stating that it was included in the Entity List. The company was concerned that the U.S. Department of Commerce had included SMIC and some of its subsidiaries and shareholding companies in the “Entity List” on the grounds of protecting U.S. national security and diplomatic interests. .
SMIC stated that after the company’s preliminary assessment, the matter has no significant adverse impact on the company’s short-term operations and financial conditions, but has a significant adverse impact on the research and development and production capacity construction of advanced processes of 10nm and below. Communicate, and take all feasible measures as the case may be, actively seek solutions, and strive to minimize adverse effects.
Some people in the industry said that the biggest impact of this move on SMIC is the advancement of advanced manufacturing processes, and it has little impact on mature process business. SMIC’s restrictions will indeed exacerbate the current situation of tight chip production capacity.
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