Which one is better, SMIC Southern or SMIC?

Both have their own advantages and disadvantages, and you need to judge based on your actual situation

SMIC Southern is mainly engaged in integrated circuit chip manufacturing, pin testing and bump manufacturing, related to integrated circuits technology development, design services, photomask manufacturing, assembly and final testing, and sales of self-produced products. SMIC Southern is expected to establish and build huge production capacity and focus on 14nm and below processes and manufacturing technologies, with the goal of achieving a production capacity of 35,000 wafers per month. SMIC Southern is a 12-inch wafer fab with advanced process capacity built in conjunction with SMIC's 14nm and below advanced process research and development and mass production plans. The National Integrated Circuit Fund and Shanghai Integrated Circuit Fund mainly invest in the value chain of the integrated circuit industry through various channels, including integrated circuit chip production, chip design, packaging and testing, as well as equipment and materials.

SMIC’s full name is SMIC Integrated Circuit Manufacturing Co., Ltd. It was registered and established on April 3, 2000. It is a large-scale and technologically advanced integrated circuit chip manufacturing enterprise in mainland China. In 2020, Ranked 427th on the Fortune China 500 list.