Futu News reported on January 17 that the market declined in early trading and the semiconductor sector bucked the trend. As of press release, Huahong Semiconductor rose 4.76%, ASM Pacific rose 3.46%, and SMIC rose 1.83%, hitting a new high in the intraday period of nearly 15 years.

According to market sources, SMIC replaced TSMC and won a chip OEM order for the 14-nm FinFET process from Hisilicon Semiconductor, a chip company owned by Huawei. SMIC recently made some progress in the field of 14-nm FIN FET process manufacturing. It received an order from Huawei's chip manufacturer Hisilicon, and Hisilicon's previous chip OEM order had always been completed by TSMC's foundry production line in Nanjing.

Also, according to media reports, SMIC successfully mass-produced the first-generation 14-nm FinFET process in its factory in the third quarter of last year. After production is achieved according to the plan, SMIC Southern will build two advanced integrated circuit production lines with a monthly production capacity of 35,000 pieces. 12 nm technology has also begun to be introduced by customers, and research and development of next-generation technology is progressing steadily.