According to people familiar with the matter, SMICs procurement scale from upstream suppliers in the United States, Europe and Japan has exceeded the demand for the whole year of 2020. The procurement projects include etching, lithography, wafer cleaning and other process equipment and testing machines, and the procurement volume of relevant consumables used to maintain the operation of the equipment is more than one year required.
Previously, it was reported that the US Department of Commerce had imposed export restrictions on SMIC. However, SMIC officials later denied the news, saying that the company did not receive such official information. The company reiterated that SMIC only provides products and services for civil and commercial end users. The company has nothing to do with the Chinese military, nor does it produce for any military end-users.
According to the second quarter financial report, SMICs sales volume in the second quarter of 2020 was $939 million, up 3.7% month on month and 18.7% year-on-year. In the second quarter of 2020, the gross profit was 249 million US dollars, with a month on month increase of 6.4% and a year-on-year increase of 64.5%. The company has started mass production of 14nm chips at risk, with advanced production of 14 / 28nm accounting for 9.1%. Currently, 1 / 4 of SMICs customers are in the United States.
Source: techweb editor in charge: Zhang Zutao_ NT5054