Chinese foundries led by Semiconductor Manufacturing International Corp (SMIC) gained a larger share of the global chip production market on the back of rising revenues during the ongoing chip shortage, according to a report by Taiwan-based market intelligence firm TrendForce.SMIC, mainland China’s most advanced foundry, maintained its No 5 position among the top 10 largest global foundries in terms of revenue with a 5 per cent market share in the first quarter, a 1 percentage point increase…


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