SMIC’s breakthrough puts the company’s semiconductors in the same league as Samsung and Taiwan’s TSMC Semiconductor Manufacturing International Corp (SMIC), China’s top chip manufacturer, has quietly produced chips to the highest Western standards, despite US sanctions specifically aimed at hampering its development of such technology, according to a report confirmed by Bloomberg on Thursday. The Shanghai-based firm has produced Bitcoin-mining semiconductors using 7-nanometer (nm) technology since last July, according to Tech Insights, an industry blog. Bloomberg confirmed the report, citing an anonymous source un
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