Time:2025-01-20Reading:1017Second
On January 20th, Kuai Technology reported that Wang Guohui, founder and co chief investment officer of Bisheng Asset Management in Singapore, recently stated in a media interview that SMIC can catch up with TSMC.
In Wang Guohui's view, chip manufacturing is currently largely a capital expenditure game, with the cost of a single OEM typically reaching up to $10 billion. SMIC has the necessary funds and also receives support from the Chinese government.
In addition, SMIC can also have sufficient engineering talents. It should be noted that China trains 5 million science and engineering related graduates every year.
More importantly, SMIC can achieve economies of scale without attempting to expand into Western markets.
Finally, regarding the technological bottleneck faced by SMIC, Wang Guohui acknowledges that China is currently unable to obtain ASML's EUV lithography machines, which are required for chip production at cutting-edge nodes.
However, he later pointed out that only one Chinese company needs to successfully develop a domestically produced EUV lithography machine, and then the 'chip war' will come to an end.
Simply put, there are three conditions: funding, talent, and market to enable SMIC to catch up with TSMC.
