SMIC

Shanghai-based foundry, the largest Chinese chip maker in the list

Overview

Semiconductor Manufacturing International Corporation provides integrated-circuit foundry and technology services, including testing, development, design, manufacturing and packaging; Forbes records its founding on 3 April 2000 and its headquarters in Shanghai.[2] Sales were US$9.7bn, up 21.0%, and profit US$712m.[2] SMIC is the only mainland Chinese company in the ranking. It moved from twenty-second to twenty-third. Its market value of US$72.8bn is about 100 times its profit.[2]

SMIC strengths and limitations

Strengths

  • Only mainland Chinese company in the list
  • Sales growth of 21%
  • Second foundry in the list after TSMC

Limitations

  • Market value high relative to profit
  • Profit margin of 7%
  • Far smaller than TSMC

Appears in

SMIC peers and competitors

Companies ranked in the same lists as SMIC.

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