SMIC says it is unable to keep up with customer demand amid chip industry shortage and sanctions squeeze


A man visits a booth of Semiconductor Manufacturing International Corporation (SMIC), at China International Semiconductor Expo (IC China 2020) following the coronavirus disease (COVID-19) outbreak in Shanghai, China October 14, 2020. REUTERS/Aly Song

SHANGHAI (Reuters) - China's Semiconductor Manufacturing International Corp (SMIC) cannot meet customer demands for certain mature technologies and its plants have been running "fully loaded" for several quarters, it said on Friday.

Zhao Haijun, co-CEO of China's largest chipmaker, made the comments during a conference call after its latest quarterly results. He also said external sanctions would continue to affect the company's revenue growth.

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