[SMM Tin News Flash: SMIC Zhao Haijun: More Optimistic About Overall Operations This Year]

Published: May 15, 2026 10:01

Save

At today's Q1 earnings briefing, SMIC Co-CEO Zhao Haijun stated that, based on client demand and orders on hand, the company was more optimistic about its overall operations this year compared to the previous quarter. This was mainly because: first, strong demand from artificial intelligence for supporting chips directly drove undersupply in the company's power supply management chip capacity; second, the "siphon effect" of AI outside China led consumers, IoT and other clients to seek capacity in mainland China, resulting in order backflow; third, AI also spurred demand for new applications such as ToF, EVs and robotics, with domestic companies actively expanding their markets; fourth, industry chain localisation demands drove demand for domestically produced logic, networking and other chips; fifth, the effect of price increases and, as previously mentioned, clients stockpiling in advance due to concerns over undersupply.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[SMM Tin News Flash: Samsung Electronics Proposed Unconditional Negotiations with the Union, but the Strike Plan Remained Unchanged]

Samsung Electronics' South Korea union said on Friday that the tech giant had proposed resuming talks without any preconditions. This came days after government-mediated negotiations over wages and bonus packages broke down. The union said it was willing to hold talks after June 7, but maintained its plan to strike starting May 21; the strike could disrupt production operations at the world's largest memory chip maker. Samsung Electronics issued a statement confirming its proposal to hold unconditional talks, but did not immediately provide further comment. The Samsung union had said on Thursday that it would be willing to sit down for negotiations if the company could submit a detailed proposal addressing the union's demands before 01:00 GMT Friday (9 a.m. Beijing time).

3 hours ago

4 hours ago

The Most-Traded SHFE Tin Contract Fluctuated and Pulled Back, Spot Market Trading Remained Sluggish [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated and Pulled Back, Spot Market Trading Remained Sluggish]

4 hours ago

20 hours ago

Data: SHFE, DCE market movement (May 14)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 May , 2026

20 hours ago