SMIC Will Catch Up With TSMC’s ‘Trillion Dollar’ Market Cap, Says Hedge Fund Boss

OSTN Staff

China’s largest chip manufacturer, the Semiconductor Manufacturing International Corporation (SMIC) can match TSMC in market capitaliztion believes Wong Kok Hoi of APS Asset Management. TSMC is the world’s largest and leading chip manufacturer, whose advanced technologies are used by all of the world’s largest technology companies to manufacture their products. On the other hand, SMIC has struggled to master the older 7-nanometer chip manufacturing process since sanctions have cut its access to advanced EUV chip manufacturing machines from ASML. However, the analyst believes that China’s talent pool and sizable resources can provide SMIC with key advantages that allow it to […]

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