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Why is SMIC a foreign company?
SMIC is essentially a wholly foreign-owned enterprise, so SMIC is a foreign enterprise. The company's full name is SMIC International Integrated Circuit Manufacturing Co., Ltd., and it was actually established on April 3, 2000. On March 18, 2004, SMIC was listed on the Hong Kong Stock Exchange.
SMIC’s main business is to manufacture integrated circuit chips for customers based on their own or third-party integrated circuit designs. SMIC is a purely commercial integrated circuit foundry, providing process design and manufacturing services from 0.35 micron to 14 nanometers. Won the "Best Semiconductor Factory of the Year 2003" award from "Semiconductor International" magazine.
In July 2020, the 2020 Fortune China 500 list was released, and SMIC ranked 427th.
In August 2021, the 2021 Fortune China 500 list was released, and SMIC ranked 382nd.
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