Top Chinese chipmakers plan to boost advanced chip output, Nikkei reports

Reuters
12 hours ago
Top Chinese chipmakers plan to boost advanced chip output, Nikkei reports

Feb 25 (Reuters) - China's top chipmakers, including SMIC 0981.HK, 688981.SS and Hua Hong Semiconductor 688347.SS, are aiming to boost their output of advanced semiconductors to meet burgeoning artificial intelligence demand, Nikkei said on Wednesday citing sources.

Semiconductor Manufacturing International Co (SMIC), Hua Hong and several Huawei-linked chipmakers are expanding or aiming to start production of chips with the most advanced technology available, including on the 7-nanometer (nm) or even 5-nm performance level, Nikkei said.

China is aiming to boost its output of relatively advanced chips to 100,000 wafers in one to two years, from less than 20,000 currently, while also setting a more aggressive target of adding an additional 500,000 wafers of capacity by 2030, the Japanese newspaper said citing sources.

(Reporting by Sameer Manekar in Bengaluru; Editing by Jonathan Ananda)

((Sameer.Manekar@thomsonreuters.com;))

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