Douglas Fuller is an associate professor of international economics, government and business at Copenhagen Business School and the author of "Paper Tigers, Hidden Dragons: Firms and the Political Economy of China's Technological Development."
SMIC exploited loose licensing and poor standards but still faces limits

A Huawei Mate 60 Pro smartphone at the company's flagship store in Beijing on Sept. 25: At the core of the handset are 7-nm microchips made by SMIC. © Reuters
Douglas Fuller is an associate professor of international economics, government and business at Copenhagen Business School and the author of "Paper Tigers, Hidden Dragons: Firms and the Political Economy of China's Technological Development."