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Will U.S. action against SMIC hurt China's tech sector?

Sep 28, 2020
The Trump administration has long harbored suspicions that the semiconductor company supplies Chinese military interests.
Workers build semiconductors at a factory in Beijing. The U.S. ban on doing business with SMIC is the latest in a long string of U.S.-China conflicts.
Nicolas Asfouri/AFP via Getty Images

Chinese semiconductor firm to raise $2.8 billion as it seeks to catch world leaders

Jun 2, 2020
The firm wants to catch up with the leading-edge chips made by U.S., South Korean and Taiwanese companies.
Semiconductors on a circuit board that powers a video camera. Chinese firm SMIC is raising billions to upgrade its manufacturing technology.
Justin Sullivan/Getty Images