Warning from China's largest foundry: consumer demand for smartphones is softening

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Warning from China's largest foundry: consumer demand for smartphones is softening
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China's largest foundry is warning about slowing demand for chips as consumer electronics sales soften; TSMC had a similar comment last month.

China's largest foundry, Semiconductor Manufacturing International Corp. , is nowhere close to having the same capabilities to produce cutting-edge chips as TSMC and Samsung. Still, as China dreams about being self-sufficient when it comes to chips, SMIC's most advanced chips are basic 7nm SoCs for cryptocurrency miners, and 14nm smartphone chips. That compares to the 3nm chips that TSMC and Samsung are shipping this year.

The EUV is used to etch circuitry patterns on wafers that are cut to become chip dies. In order to fit billions of transistors in a chip, these patterns are 1/1,000 the width of a human hair which is why the EUV machine is so important in the production of cutting-edge chips. With the U.S.

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