CEO of China’s largest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), has a warning. In an earnings call recently, Zhao Haijun, CEO of Semiconductor Manufacturing International Corp, said that fears of a memory chip shortage were prompting its customers to hold back orders for other types of chips used in their products. SMIC is China’s largest contract chipmaker. This warning comes as a growing number of chipmakers and industry analysts are warning that a global memory chip shortage could hit consumer electronics and automotive companies next year, as manufacturers shift production toward high-margin components powering the artificial intelligence surge, CNBC reported. “Everyone is hesitant to place too many orders or ship too much in the first quarter of ne

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