SemiconductorsTop China chipmaker SMIC sees 'no end' to market downturn
Company says U.S. export controls impacting orders from American clients
China's top chipmaker SMIC says its expansion plans remain on track even as it warns the current downturn in the sector looks set to continue well into 2023. © Getty Images
CHENG TING-FANG, Nikkei Asia chief tech correspondent
November 11, 2022 14:30 JST
TAIPEI -- Top Chinese chipmaker Semiconductor Manufacturing International Corp. on Friday said U.S. export controls are making some American clients "hesitant" to work with the company, and warned it is yet to see an end to the downturn in the overall chip industry.