In recent years, the world has been expanding the chip industry on a large scale, especially when the United States cuts off the global supply chain, because everyone is worried that the United States will attack itself.
After all, China is the world's largest chip market, importing up to 60%+ of global production capacity every year, and China is directly facing the suppression of the United States.
Therefore, we have seen that in recent years, Chinese chip companies have been continuously established, and everyone has made various breakthroughs from upstream materials, EDA, and semiconductor equipment, to midstream wafer manufacturing, and downstream packaging and testing.
In particular, SMIC, as the chip manufacturing leader in Chinese mainland, is responsible for the rise of China's chips, expanding everywhere and improving the process, in order to become a giant like TSMC, so that China's chips can reduce foreign dependence.
And with the release of the data for the first quarter of 2024, we find that SMIC is really strong this time.
According to the data, in the first quarter of 2024, SMIC's revenue reached $1.75 billion, an increase of 19.7% year-on-year and 4.3% quarter-on-quarter, setting a record for the same period in history.
And this achievement ranks second in the world among all exclusive chip foundry companies (excluding Samsung and intel, which belong to IDM companies and do not belong to exclusive chip foundries).
TSMC's revenue was NT$592.64 billion (about US$18.26 billion), UMC's revenue was NT$54.63 billion (about US$1.685 billion), and GF's revenue was US$1.549 billion.
Obviously, TSMC is first, SMIC is second, UMC is third, and GF is fourth, and SMIC has won the most results ever.
In fact, for this achievement, it is estimated that everyone will not be too surprised, after all, SMIC's expansion in recent years has been crazy, especially in mature chip production capacity, continuous expansion to meet the needs of domestic chip users, after all, according to the academician, there is still 8 SMIC's production capacity between China's chip production capacity and demand, so as long as SMIC has production capacity, it will not worry about orders.
In terms of advanced production capacity, SMIC is not idle, and Huawei's Kirin 9000S and Kirin 9010 are also the best proof, indicating that SMIC is also making continuous breakthroughs in advanced technology.
Of course, SMIC's ranking actually represents the rise of China's chips, because only the continuous rise of China's chips can increase production capacity, and the final ranking is getting ahead and ahead, let's look forward to when SMIC will be able to catch up with TSMC?