Faced with the ban of the United States, Huawei and SMIC cooperated with each other
A year after Huawei was added to the list of entities in the United States, the United States escalated its crackdown on Huawei on May 15, extending the ban for another 90 days. Most of Huawei's 7nm and 5nm chips are made by TSMC, but due to the constraints of the U.S. program, Huawei started the spare tire program and shifted resources to SMIC.
SMIC also reported good news that it will invest 4.3 billion us dollars in equipment, while SMIC also received 6.5 billion us dollars of investment from national integrated circuit and Shanghai integrated circuit. SMIC has increased equipment investment and obtained financial support, which has become a strong support of Huawei.
In the face of us sanctions, Huawei has resisted the pressure and risen to the challenge. The strong cooperation with SMIC will also bring the best hope for Chinese chips.
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