Top Chinese chipmakers plan to boost advanced chip output, Nikkei reports

Core Viewpoint - China's leading chipmakers, including SMIC and Hua Hong Semiconductor, are planning to significantly increase their production of advanced semiconductors to meet the rising demand driven by artificial intelligence applications [1]. Group 1: Production Goals - SMIC, Hua Hong, and several Huawei-linked chipmakers are expanding or initiating production of chips utilizing the most advanced technologies, specifically targeting 7-nanometer (nm) and potentially 5-nm performance levels [1]. - China aims to increase its output of relatively advanced chips to 100,000 wafers within one to two years, up from less than 20,000 currently [1]. - An ambitious target has been set to add an additional 500,000 wafers of capacity by 2030 [1].