Semiconductor Manufacturing International Corp (SHA: 688981 / HKG: 0981 / FRA: MKN2): China's Most Important Chipmaker

Semiconductor Manufacturing International Corporation (SMIC) (SHA: 688981 / HKG: 0981 / FRA: MKN2) is one of the leading foundries in the world & is considered to be China’s most important chipmaker.

Semiconductor Manufacturing International Corporation (SMIC) (SHA: 688981 / HKG: 0981 / FRA: MKN2) is one of the leading foundries in the world and is considered to be China’s most important chipmaker. However, the Company’s origins lay with stolen Taiwan Semiconductor Manufacturing Company (NYSE: TSM) technology that led to a several year court battle ultimately won by the latter while hamstringing the former’s ability to come up with it’s own technology.