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China’s most important chipmaker SMIC could be a big winner from the global semiconductor shortage



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A close up image of a CPU socket and motherboard laying on the table.Narumon Bowonkitwanchai | Moment | Getty ImagesGUANGZHOU, China — Chinese chipmaker SMIC could be a beneficiary of the global chip shortage, according to one analyst, giving the firm a respite from some of the negative effects of U.S. sanctions.The chip shortage started as demand surged for consumer electronics as countries locked down to fight the coronavirus pandemic. That demand for products requiring advanced semiconductors has led to shortages in other industries like automobiles.Chips are made by companies known as foundries which do the actual manufacturing. The …

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