At present, SMIC's chips are still relatively backward in the industry. Since SMIC cannot purchase advanced manufacturing equipment, there is no advanced semiconductor manufacturing, so to some extent it is basically Unable to keep up with the most advanced manufacturing processes in the world.
The key equipment for development cannot be introduced, causing the pace to be hindered
SMIC is the representative of Chinese chips. SMIC also claims to be the most technologically complete integrated circuit manufacturing company in mainland China. However, In fact, looking back at the development of SMIC, from the year of its establishment, its performance has not been so impressive, and its net profits have been losses. It has also been involved in patent infringement disputes with TSMC.
The most advanced manufacturing has the greatest profit, and there is also enough return for companies to invest in more advanced process research and development. This is the fundamental reason why SMIC is lagging behind. Another reason is that TSMC's Samsung output and the same process time are developed several years earlier than SMIC. Therefore, with the same process, Samsung TSMC's performance is more stable and more mature than SMIC. Therefore, customers are more willing to use TSMC's 28nm. Even if SMIC's quotation is lower, it cannot attract customers.
The Wassenaar Agreement makes it difficult to achieve half the result with half the effort
The reason why China’s SMIC manufacturing industry lags so far behind is actually due to an agreement called In the Wassenaar Agreement, member states in this agreement are not allowed to sell certain things to China, and one of these things that cannot be sold is key equipment in the chip foundry industry. Due to the restrictions of this agreement, it has been difficult for mainland chip manufacturing to catch up with the advanced pace. We have always worked hard with half the effort, but in the process of chip manufacturing, the obstacles are still very serious.
SMIC is the representative of Chinese chips, and it also claims to be the most technologically complete integrated circuit manufacturing company in mainland China. However, in fact, looking back at the development of SMIC, from the year of its establishment, its performance has actually been None of them are that eye-catching, and their net profits are all losses. They have also been involved in patent infringement disputes with TSMC.
Absorb new talents, and the future is promising
Looking at this issue from an objective perspective, in fact, although domestic manufacturers can do it with the same level of technology, this is not It means being able to do better. Because there is still a certain gap between the weak center International and TSMC in terms of talent. The reason why the talent reserve is insufficient is because the mainland started relatively late in the integrated circuit industry. We rely heavily on external talents and do not have localized talents. Not much, but fortunately, SMIC is also increasing its efforts to introduce fresh blood in recent years.
The Wassenaar Agreement not only restricts the production process technology of products, but also affects the product quality and workload of Center International. This fundamentally led to the high turnover rate of engineers at Central International. But now that China is gradually developing, in modern society, SMIC's actual salary and reputation are relatively good in the industry, and it is also very promising. It can attract a lot of young talents. In the future, SMIC's development will still be Well worth looking forward to.