Semiconductor Manufacturing International Corp (SMIC) gears up to double its production by 2025 (Saranya, ORF)

September 26, 2021

One of the unforeseeable consequences of the COVID-19 pandemic is the shortage of semiconductor chips across the world. According to a report from Susquehanna Financial Group, the global chip crunch has gotten worse since July, and the wait time—the gap between the companies placing orders for semiconductors and receiving them—has hit an all-time high at 21 weeks. It has impacted several sectors, especially the consumer electronics and automobiles industries. The situation is much worse for a few Chinese companies who face the dual challenge of logistics disruption caused by the pandemic and US sanctions. However, Semiconductor Manufacturing International Corp (SMIC), China’s would-be national semiconductor champion, is determined to fill in the void by scaling up.

Semiconductor Manufacturing International Corp (SMIC) gears up to double its production by 2025 | ORF (orfonline.org)

Marco Emanuele

Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Semiconductor Manufacturing International Corp (SMIC) gears up to double its production by 2025 (Saranya, ORF)

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