Is SMIC a leading enterprise supported by the state?

It is true that SMIC is a leading enterprise supported by the state.

Hongkong SMIC Huakong Technology Group Co., Ltd. is an enterprise integrating the design, research and development and sales of large-capacity Qualcomm chips and servers.

The company is headquartered at 23rd floor, Loki Center, Loki Avenue, Wan Chai, Hong Kong, and has offices in Shenzhen, Singapore, Japan and Fujian.

Group vision: continuously improve the resource utilization rate of blockchain cloud computing, build a social structure with interconnected values through blockchain technology, become a linked entity industry, and create value for industry and society and link the future with blockchain+digital economy.