SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP (A)

Overview

Semiconductor Manufacturing International Corporation (SMIC) is a semiconductor integrated-circuit foundry that manufactures wafers to customers’ designs and specifications and also sells some standard semiconductor products. Its technology platforms span logic, power and analog, embedded and standalone non-volatile memory, mixed-signal and RF, display-driver and image-sensor applications.[1]+2

Founded in 2000, SMIC’s manufacturing operations are concentrated in mainland China, with fabs listed in Shanghai, Beijing, Tianjin and Shenzhen. It also lists marketing and customer-service offices in the United States, Europe, Japan and Taiwan.[4] The company’s stated vision is to be recognized by global customers and stakeholders as a high-quality, innovative and trusted foundry.[5] In FY2025, revenue was US$9.33 billion. SMIC reported roughly 20,200 employees in disclosures for 2023; that figure is not a 2025 headcount.[6][7] [1]+6

Products & services

SMIC’s product offering comprises wafer-foundry process platforms and related technical services for 8-inch and 12-inch wafers. Specific technologies described in its 2025 reporting include 28nm ultra-low-leakage logic, 28nm SST embedded flash (e-Flash), 65nm RF-SOI, 90nm BCD and 8-inch BCD/analog processes, 0.18µm automotive embedded non-volatile memory, and medium- and large-size display-driver processes. Their stated applications include IoT and mobile devices, automotive controllers and ADAS, RF front-end and Wi-Fi, power management, audio amplification, motor control, and vehicle displays. Some of these platforms were in development, design validation, or customer introduction rather than reported as mass-produced products.[8]

Technical capabilities include logic libraries and design tools, embedded SRAM and flash memory, RF process design kits and models, and analog/power devices and components such as high-voltage transistors, passives, and eFuse/OTP/MTP memory. SMIC also describes embedded OTP, MTP, EEPROM and flash offerings, and an IoT solution combining ultra-low-power logic, RF and eFlash. The company provides wafer-fabrication and technical support, including product introduction and qualification, design/manufacturing coordination, photomask capability and packaging solutions for multi-chip integration.[8]+4

SMIC’s 4Q25 wafer-revenue mix by customer application was consumer electronics 47.3%, smartphones 21.5%, industrial/automotive 12.2%, computers/tablets 11.8%, and connectivity/IoT 7.2%. By wafer size, 12-inch wafers accounted for 77.2% and 8-inch wafers for 22.8% of wafer revenue. These are application and wafer-size mix figures, not revenue shares by individual process technology.[13][14] [8]+6

Geographic presence

SMIC’s wafer-fabrication facilities are located in Shanghai, Beijing, Tianjin and Shenzhen. Its 2025 annual report also lists manufacturing subsidiaries in these cities and a PRC research-and-development subsidiary; it does not specify the R&D site’s city.[15]+2

The company lists its office in Pudong, Shanghai, and its Hong Kong principal place of business in Central. Its official contact page also lists offices or contacts in Beijing, Tianjin and Shenzhen.[17][18]

By reported sales geography, China accounted for 87.6% of revenue in 4Q25 and 88.9% in 1Q26; America accounted for 10.3% and 9.3%, and Eurasia for 2.1% and 1.8%, respectively. The 1Q26 presentation gives approximate regional revenue of US$2.25 billion from China, US$0.26 billion from America and US$0.08 billion from Eurasia.[19][20]

The 2025 subsidiary list includes marketing entities in the United States, Japan and Italy, alongside entities in Hong Kong and other jurisdictions. The annual report gives Group-wide R&D headcount but no geographic employee breakdown.[15][21] [15]+7

Business segments

SMIC reports one operating segment: integrated-circuit manufacturing and sales, with results reviewed on a consolidated basis. Its foundry service manufactures wafers to customer designs and specifications; the company also sells certain standard semiconductor products.[22][23]

In its 2025 reporting, IC wafer foundry revenue was approximately 94.3% of total revenue, while “Others” contributed about 5.7% (calculated from reported revenue amounts).[24][6] The foundry’s end-market revenue mix was consumer electronics (43.2%), smartphones (23.1%), computers and tablets (14.8%), industrial and automotive (11.0%), and connectivity and IoT (7.9%). These are application-based revenue categories, not separate operating segments.[25] The report also presents revenue by wafer size and geographic region as alternative breakdowns.[25][26] [22]+10

Company history

Semiconductor Manufacturing International Corp. (SMIC) was established in April 2000. It began production at Shanghai Fab 1 in the fourth quarter of 2001, and the facility advanced from pilot to volume production by 2003.[27]+2

In 2004, SMIC completed its initial public offering on the Hong Kong and New York exchanges and opened Beijing Fab 4, its first operating 12-inch wafer fab.[30][31] The company announced 28-nanometer process readiness in 2014, followed by reported commercial use in mobile phones in 2015.[32][33]

SMIC reported that its first-generation 14-nanometer FinFET process entered mass production in the fourth quarter of 2019. On July 16, 2020, it listed on the Shanghai Stock Exchange’s STAR Market, adding a mainland-China listing to its existing overseas listings.[34][35] [27]+8

Sources

• SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP (A) — Full financial report (2025 Y)
  15 citations

  [1][2][3][6][8][9][10][15][17][21][22][23][24][25][26]
• www.smics.com[4]
• www.smics.com[5]
• www.smics.com[7]
• www.smics.com[11]
• www.smics.com[12]
• SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP (A) — Presentation (2025 Y)
  3 citations

  [13][14][19]
• www.smics.com[16]
• www.smics.com[18]
• SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP (A) — Presentation (2026 Q 1)[20]
• www.smics.com[27]
• www.smics.com[28]
• www.smics.com[29]
• www.smics.com[30]
• www.smics.com[31]
• www.smics.com[32]
• www.smics.com[33]
• www.smics.com[34]
• www.smics.com[35]