China's Top Chipmaker SMIC Loses Vice Chairman After Failing To Procure Advanced Machines - NewsBreak

China's premium foundry, the Semiconductor Manufacturing International Corporation (SMIC) has suffered a major blow as top executives departed the company yesterday. SMIC rose to the limelight after the United States Department of Commerce expanded a blacklist that forbade Chinna's Huawei Technologies Ltd and other companies from receiving semiconductors fabricated on leading...