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Native name | 中芯国际集成电路制造有限公司 (中芯国际) |
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| Company type | Public;State-owned enterprise |
| SSE:688981 (A share) SEHK: 981 (H share) CSI A50 | |
| Industry | Semiconductors |
| Founded | April 3, 2000; 25 years ago (2000-04-03) Cayman Islands (legal domicile) |
| Founder | Zhang Rujing |
| Headquarters | Shanghai,China |
Key people | Haijun Zhao (Co-CEO) Liang Mong Song (Co-CEO) |
| Revenue |  US$8.0 billion (2024)[1] |
 US$493 million (2023) | |
Number of employees | 17,354 (2020) |
| Website | www |
Semiconductor Manufacturing International Corporation (SMIC) is a partiallystate-owned publicly listed Chinesepure-playsemiconductor foundry company. It is the largest contract chip maker inmainland China.
SMIC is headquartered inShanghai[2] and incorporated in theCayman Islands.[3] It haswafer fabrication sites throughout mainland China, offices in theUnited States,Italy,Japan, andTaiwan, and a representative office inHong Kong.[4] It providesintegrated circuit (IC) manufacturing services from350 nm to7 nm[5] process technologies. TheFinancial Times reported that SMIC is expected to offer5 nm process-node IC manufacturing services in 2024.[6]
State-owned civilian and military telecommunications equipment providerDatang Telecom Group as well as theChina Integrated Circuit Industry Investment Fund are major shareholders of SMIC.[7][8][9][10] Notable customers includeHuawei,Qualcomm,[11][12]Broadcom,[13] andTexas Instruments.[14][11] SMIC is a major shareholder and supplier toBrite Semiconductor.[15] In response to US sanctions on the Chinese chip industry in the early 2020s, SMIC started on a wave of expansion in the form of joint ventures with China's state semiconductor fund.[16] As of 2024[update], it is the world's third largest contract chip maker.[17]
SMIC was founded on April 3, 2000, and is headquartered in Shanghai.[2] It was incorporated in the Cayman Islands as a limited liability company. It quickly built a fully owned plant in Shanghai, acquired a Motorola plant in Tianjin, and then began to build a fully owned plant in Beijing.[3] SMIC also became involved in two projects in Chengdu and Wuhan, which reversed a common pattern in Chinese development of government building, operating, then transferring industrial projects, such that SMIC operated the company, but the capital costs were borne by municipal government, relieving SMIC of the major cost of its fab plants.[18]
In September 2003, SMIC raised $630 million in funding from investors, including:Walden International (a venture capital firm based in San Francisco, California),Oak Investment Partners,Temasek and others.[19] Israeli Venture Capital fund 'Vertex Israel' also participated in the funding round.[20]
On June 23, 2015,Huawei, Qualcomm Global Trading Pte. Ltd., IMEC International, and SMIC announced the formation of the SMIC Advanced Technology Research & Development (Shanghai) Corporation, an equity joint venture company.[21]
On October 14, 2016, Ningbo Semiconductor International Corporation was jointly established by China IC Capital (the wholly owned investment fund of SMIC), Ningbo Senson Electronics Technology Co., Ltd, and Beijing Integrated Circuit Design and Testing Fund with a registered capital of RMB355 million, equal to US$52.8 million. SMIC holds 66.76% of the ownership interest. NSI will develop analog and specialty semiconductor process technology platforms in the areas of high-voltage analog, radio frequency, and optoelectronics. These developments will support customers in IC design and product development for applications in smart home, industrial, and automotive electronics, new generations of radio communications, augmented reality,virtual reality, mixed reality, and other specialty systems.[22]
In 2018, SMIC had gross profits of $747 million and net profits of $149, with $3.6 billion in revenues.[11] It apparently spend around $550 million on research and development, or about 16 percent of sales.[23] On 9 March 2018, SMIC and the government of Shaoxing established ajoint venture,United Nova Technology.[24] On May 18, 2018, ground was broken on the manufacturing base for SMIC inShaoxing. SMIC was building a plant that would be the first in China to use 14-nanometer production technology.[25] The company said it would increase its investment capacity by 20% in February 2019.[26]
Current[when?] co-CEOs are Zhao Haijun andMong Song Liang. Zixue Zhou serves as chairman of the board.[27] In May 2019, it was said that SMIC's co-chiefs, Zhao Haijun and Liang Mong-song were at odds over how to focus the company.[28]
On May 24, 2019, SMIC announced it would voluntarily delist from theNew York Stock Exchange (NYSE), citing low trade volumes. Along with low US trading volumes, the company named the high administrative cost of maintaining the NYSE listing.;[29] it joined the exchange 15 years before.[30][31][29] And following Huawei blacklisting by theUnited States government.[30][32]
In 2019, Qualcomm, Huawei, and IMEC were still minority shareholders in SMIC's R&D arm.[11]
In May 2020, in support of the country'sMade in China 2025 program; theChina Integrated Circuit Industry Investment Fund and the Shanghai Integrated Circuit Industry Investment Fund invested a combined US$2 billion, gaining, respectively, 23.08% and 11.54% ownership of SMIC.[33] In July 2020 SMIC issued 1,685,620,000 shares at 27.46 yuan per share on theSTAR Market of theShanghai Stock Exchange, raising 46.28 billion yuan ($6.62 billion).[34]
On July 21, 2022, the company established 7 nm technology.[35] This technology was achieved in two years.[36]
The company was the target of a lawsuit brought byTSMC, accusing SMIC of misappropriating TSMCintellectual property.[37][failed verification] The first round of litigation ended in 2005 with a $175 million settlement. A second round was opened in 2006. The liability phase of the lawsuit began on September 9, 2009, in Oakland, California,[38] and the jury found SMIC liable on 61 out of 65 claims.[39] SMIC entered into a settlement agreement with TSMC to resolve all pending lawsuits between the parties.[40]
In June 2025, Taiwan added SMIC to its export control list.[41]
In September 2020, theUnited States Department of Commerce declared SMIC a military end-user and required that American technology companies dealing with it obtain a license.[9] The action elicited a rebuke from China's Foreign Ministry spokesmanZhao Lijian.[42]
On 4 October 2020, SMIC stated that the U.S.Bureau of Industry and Security had informed some of SMIC's suppliers that according to U.S. export control regulations they must apply for an export license in advance before supplying SMIC with some American equipment, accessories and original products.[43] In December 2020, theUnited States Department of Defense named SMIC as a company "owned or controlled" by thePeople's Liberation Army and therebyprohibited any American company or individual from investing in it.[44]
In December 2020, the United States Department of Commerce added SMIC to the Bureau of Industry and Security'sEntity List.[45][46]
On 6 September 2023, Huawei launched its newMate 60 smartphone. The phone was powered by a new Kirin 9000s chip, made in China by SMIC.[47] This processor was the first to use the new 7 nanometer SMIC technology. TechInsights had stated in 2022 that it believed SMIC had managed to produce 7 nm chips, even though faced by a harsh sanctions regime, by adapting simpler machines that it could still purchase fromASML.[47] Holger Mueller of Constellation Research Inc. said that this showed that the US sanctions might have had the effect of sending China's chip-making industry into overdrive.[48] In 2023, with the release of Huawei's Mate 60 Pro, a phone that contained a chip that may violate current trade restrictions, U.S. Congressman Mike Gallagher said that, "U.S. Commerce Department should end all technology exports to Huawei and China's top semiconductor firm following the discovery of new chips in Huawei phones," and that, "this chip likely could not be produced without US technology and thus SMIC may have violated the Department of Commerce’s Foreign Direct Product Rule."[49]
| Node | Q3 2021 | Q3 2020 | Q3 2019 | Q3 2018 |
|---|---|---|---|---|
| FinFET/28 nm | 18.2% | 14.6% | 4.3% | 7.1% |
| 40/45 nm | 13.9% | 17.2% | 18.5% | 18.7% |
| 55/65 nm | 28.5% | 25.8% | 29.3% | 21.0% |
| 90 nm | 3.1% | 3.4% | 1.3% | 1.4% |
| 0.11/0.13 μm | 5.4% | 4.4% | 6.6% | 8.7% |
| 0.15/0.18 μm | 27.9% | 31.2% | 35.8% | 39.5% |
| 0.25/0.35 μm | 3.0% | 3.4% | 4.2% | 3.6% |
On 14 November 2019, SMIC announced that volume production of14 nm FinFET had begun.[52]
N+1 is the follow-on to SMIC's 14 nm process, and is targeted for inexpensive chips.[53]
SMIC ordered an EUV step-and-scan system fromASML Holding for $120 million in 2018.[54] The order was blocked after the US government pressured the Netherlands and ASML.[55]
In 2021, SMIC started shipping7 nm chips.[56][57]
In February 2024, theFinancial Times reported that SMIC is on track to mass-produce logic chips equivalent in performance to the5 nm process node later in 2024; additional reports speculated that the 5 nm chips will be manufactured via stockpiledASML "deep ultra-violet" (DUV) immersion lithography machines. The new chips are expected to be produced at SMIC's new Shanghai production lines for lead customerHiSilicon (Huawei's chip designing arm). It is likely that SMIC's new 5 nm-node processors will be employed for AI-training and to power smartphones.[58][6]
According to a Chinese patent granted in late 2023 to a company working with Huawei Technologies, certain transistors and interconnects feature sizes seen on chips in the 5 nm-node can be obtained using DUV immersion machines and a technique called "self-aligned quadruple patterning" (SAQP).[59]
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