Is SMIC a state-owned enterprise or a foreign enterprise?

SMIC is a foreign-funded enterprise controlled by state-owned enterprises.

Introduction of SMIC:

At the beginning of its establishment, SMIC was a wholly foreign-owned enterprise, which is simply a foreign-funded enterprise. With the continuous development of SMIC, foreign capital and state-owned capital began to invest in SMIC. After years of development, the main shareholder of SMIC is state-owned capital, and the foreign capital composition has been greatly reduced. Since its establishment, SMIC has developed into the largest chip OEM enterprise in Chinese mainland with the highest technical level and the fourth largest in the world. SMIC's main business is to manufacture integrated circuit chips for customers according to their own or third-party integrated circuit designs.

SMIC is a pure commercial integrated circuit OEM factory, providing .35 process design and manufacturing services from micron to 14 nm. We have established partnerships with world-class design services, intelligent modules, standard cell libraries and EDA tool providers to provide customers with extensive and flexible design support. The company is equipped with the most advanced photomask production line in mainland China, and its technical capability spans .5 micron to 45 nanometer. In order to better serve global customers, SMIC has also set up customer service and marketing offices in the United States, Europe, Japan and Taiwan Province, and a representative office in Hong Kong. In addition, he managed the 3mm chip factory on behalf of Wuhan Xinxin Integrated Circuit Manufacturing Co., Ltd..