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China's top chipmaker downplays threat to supply chain from trade war

Beijing-backed SMIC races to close gap with Taiwanese and South Korean leaders

TAIPEI -- China's state-sponsored Semiconductor Manufacturing International Co., the country's top contract chipmaker, on Friday brushed aside concerns that the battle over trade between Beijing and Washington could limit its access to vital foreign equipment and materials.

"We see the impacts" of the trade war on demand, "but they are very limited," Zhao Haijun, co-chief executive of SMIC, said in an earnings briefing.

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