China’s top chip foundry SMIC unveils action plan for seizing new growth opportunities
scmp.com Mar 27, 2026

China’s top chip foundry SMIC unveils action plan for seizing new growth opportunities

AI-summarised brief · reviewed before publication

SMIC, China's top chip foundry, has unveiled an action plan to drive above-average growth in 2026. The plan focuses on optimising existing stock and exploring new opportunities, including deepening expertise in specialised fields like BCD technology and analogue chips. This move comes as the global semiconductor supply chain faces strain from a memory chip super cycle, driven by AI demand.