According to the news on October 4, although SMIC denied the news that “the US Department of Commerce imposed export restrictions”, in order to reduce the impact of us tightening export restrictions, some sources said that SMIC had been “storing grain for the winter”. According to foreign media reports, SMIC, China’s largest chip manufacturer, is “Stocking” key production equipment and important replacement parts. It is even cooperating with other Chinese chip manufacturers to establish a shared reserve of such parts and has established a central warehouse to store these products. According to people familiar with the matter, SMIC’s procurement scale from upstream suppliers in the United States, Europe and Japan has exceeded the annual demand in 2020. The procurement projects include etching, lithography, wafer cleaning and other process equipment and testing machines, and the procurement volume of related consumables used to maintain the operation of the equipment is more than one year. < / P > < p > earlier, it was reported that the US Department of Commerce had imposed export restrictions on SMIC. However, SMIC officials later denied the news, saying that the company did not receive such official information. The company reiterated that SMIC only provides products and services for civil and commercial end users. The company has nothing to do with the Chinese military, nor does it produce for any military end-users. According to the second quarter financial report, SMIC’s sales volume in the second quarter of 2020 will be $939 million, up 3.7% month on month and 18.7% year-on-year. In the second quarter of 2020, the gross profit was 249 million US dollars, with a month on month increase of 6.4% and a year-on-year increase of 64.5%. The company has started mass production of 14nm chips at risk, with advanced production of 14 / 28nm accounting for 9.1%. Currently, 1 / 4 of SMIC’s customers are in the United States. Global Tech