Mei Ri Jing Ji Xin Wen·2025-12-29 15:36Core Viewpoint - SMIC (Shanghai Microelectronics International Corporation) announced that its board meeting on December 29, 2025, will not convene a shareholders' meeting to review related transaction matters, indicating a strategic decision-making process within the company [1]. Company Summary - For the first half of 2025, SMIC's revenue composition is as follows: Consumer electronics accounted for 38.28%, smartphones for 23.08%, computers and tablets for 15.2%, industrial and automotive for 9.48%, internet and wearables for 7.79%, and other businesses for 6.17% [1]. - As of the report, SMIC's market capitalization stands at 980 billion yuan [1]. Industry Summary - A new type of chip has emerged in China that bypasses the limitations of lithography machines, supporting AI training and embodied intelligence, and can be mass-produced using mature processes of 28 nanometers and above [1].