Chinese chipmaker SMIC has achieved a significant milestone, ranking as the world’s third-largest foundry by sales in the first quarter of 2024. SMIC Achieves Milestone as World’s Third-Largest Foundry against the backdrop of ongoing US trade restrictions. The Shanghai-based company captured 6% of the global chip foundry market share according to a report by tech research firm Counterpoint. Industry leaders TSMC of Taiwan and...
