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SMIC Unveils Plan to Boost China's Semiconductor Self-Sufficiency

3/27/2026

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Story summary
  • Semiconductor Manufacturing International Corp (SMIC) unveiled an action plan to bolster its business and China’s semiconductor self-sufficiency in its 2025 annual report.
  • The plan focuses on optimizing resources and pursuing growth.
  • SMIC identifies two 2026 trends: overseas supply chains return and imports are replaced domestically.
  • The company aims to strengthen expertise in BCD technology and memory chips amid global memory-supply strain from AI data centers.