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China's top chipmaker SMIC plans $7bn expansion despite tariff uncertainty
asia.nikkei.com/Business/China-tech/China-s-top-chipmaker-SMIC-plans-7bn-expansion-despite-tariff-uncertainty
TAIPEI -- China's top chipmaker, Semiconductor Manufacturing International Corp., says it will invest more than $7 billion this year to expand capacity and market share, even as its peers take a cautious stance due to the tariff war between Washington and Beijing.
The ambitious plan…
This story appeared on asia.nikkei.com, 2025-05-09 00:00:00.