China's top chipmaker claims that smartphone, PC demand has declined substantially
Mainly in China, Russia, and Ukraine
China's SMIC pours $8.87 billion into building a new chip plant in Shanghai
The planned capacity is 100,000 wafer starts per month
China will use aging chips while its semiconductor industry catches up
A bold plan to get around US export controls
Trump administration hits China's largest chip manufacturer SMIC with sanctions
A move likely to worsen US-China relations