Semiconductor Manufacturing International Corp
- Industry
- Semiconductors
- Exchange
- HK
- Country
- Hong Kong
- IPO date
- Mar 18, 2004
- Employees
- 19,952
- Website
- www.smics.com
Composite valuation range · conservative HK$35–HK$45 / fair HK$55–HK$68 / optimistic HK$82–HK$95. At HK$70.65, Between the fair and optimistic ranges.
At publication HK$79.55 (Jun 5, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the manufacture, testing, and sale of integrated circuits wafer and various compound semiconductors in the United States, China, and Eurasia. The company is also involved in the manufacturing, sale, and trading of semiconductor products; and research and development activities. In addition, it offers semiconductor foundry and technology services; supporting services comprising design and IP support, photomask manufacturing, etc.; development, design, and technical services related to integrated circuits; marketing related services; and private education services. Further, the company tests and sells self-produced products, and other services. Semiconductor Manufacturing International Corporation was incorporated in 2000 and is headquartered in Shanghai, China.
History
Semiconductor Manufacturing International Corporation, a pure-play foundry, was founded by Zhang Rujing (Richard Chang) in April 2000 in Shanghai and incorporated in 2000, with the aim of building a domestic foundry industry for China. It completed simultaneous IPOs on the Hong Kong Stock Exchange (0981) and NYSE in March 2004, delisted its NYSE ADR in 2019, and listed on Shanghai's STAR Market (688981) in July 2020. The company reached 14nm FinFET mass production in 2019 and later used DUV multi-patterning to produce 7nm-class chips. It remains headquartered in Shanghai, China.
Industry position
The company is a pure-play foundry that fabricates integrated-circuit wafers and compound semiconductors for fabless customers. It is the largest foundry in mainland China and, by TrendForce's FY2025 measure, the world's second-largest pure-play foundry with revenue of US$9.33 billion and a 5.32% global foundry share, behind TSMC. In a highly concentrated market where TSMC holds about 69.9% of the top-ten foundries' revenue, it is the only mainland firm able to mass-produce 7nm-class chips, with monthly capacity of about 1.059 million 8-inch-equivalent wafers.