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Chinese semiconductor firm to raise $2.8 billion as it seeks to catch world leaders

Jun 2, 2020
The firm wants to catch up with the leading-edge chips made by U.S., South Korean and Taiwanese companies.
Semiconductors on a circuit board that powers a video camera. Chinese firm SMIC is raising billions to upgrade its manufacturing technology.
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The chips (makers) are down: Semiconductors suffer on trade tensions

Jun 14, 2019
The industry hoped things would pick up this year. The industry was wrong.
Semiconductors are pictured on a circuit board used in a Samsung video camera in San Jose, California.
Justin Sullivan/Getty Images

Qualcomm ruling raises concern over U.S. competitiveness in 5G race

May 23, 2019
The company's loss in federal court could require it to overhaul its business model, depriving the U.S. industry-leading semiconductor maker of next-generation R&D funds.
People visit the Qualcomm stand at the Mobile World Congress in Barcelona, Spain, on Feb. 27.
PAU BARRENA/AFP/Getty Images

Apple's secret weapon? The semiconductor

Sep 12, 2018
Apple unveils a new iPhone. What really makes it special? The computer chips inside.
An attendee looks at a new iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California.
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In a trade war, China has weapons in its arsenal beyond tariffs

Jul 25, 2018
The American semiconductor titan Qualcomm found itself in the crosshairs of the US-China trade spat when its mega deal — as in $44 billion dollars — to buy a Dutch chip-maker has cleared every global regulatory approval required — except in China. With no approval from China in sight and a deadline looming at midnight tonight, Qualcomm […]
Qualcomm CEO Steve Mollenkopf speaks during a press event at the Mandalay Bay Convention Center for the 2014 International CES on January 6, 2014 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs from January 7-10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees.
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