China techChina's top chipmaker ups capex to $6.7bn after bumper quarter
Beijing-backed SMIC downplays risk of losing Huawei orders
China's top chipmaker SMIC is aggressively increasing its capital expenditure plans for 2020. (Source photos by Reuters and AP)
CHENG TING-FANG, and LAULY LI, Nikkei staff writers
TAIPEI -- China's top contract chipmaker Semiconductor Manufacturing International Co. has sharply increased its planned capital expenditure for a second time this year as it downplayed the impact of Washington's clampdown on its biggest client, Huawei Technologies.