SMIC Founder Says ‘Optimistic’ China Can Catch up With U.S. in Semiconductors


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SMIC Founder Says 'Optimistic' China Can Catch up With U.S. in Semiconductors By Reuters , Wire Service Content Aug. 5, 2020 By Reuters , Wire Service Content Aug. 5, 2020, at 3:41 a.m. More SHANGHAI (Reuters) - The founder of China's largest chipmaker SMIC said on Tuesday he was "optimistic" China could catch up with the United States in the next generation of semiconductors but that U.S. efforts to contain its technology sector could not be taken "lightly". Richard Chang, also the former CEO of Semiconductor Manufacturing International Corp (SMIC), told a livestream forum that persistent research and development as...