According to the Science and Technology Innovation Board Daily, SMIC’s second-generation FinFET has entered small-volume trial production.

SMIC said on the interactive platform that the company's first-generation FinFET 14-nanometer production has been measured in the four seasons of 2019; the second-generation FinFETN+1 has entered the customer introduction stage and is expected to be trial-produced in small batches by the end of 2020.

In addition, SMIC also reiterated that the company's operations and procurement are as usual.

In fact, in November last year, there was news that SMIC had already started mass production of 14nm FinFET process chips, and planned to conduct risky trial production of 12nm FinFET before the end of 2019.

According to SMIC’s Q3 quarter financial report announcement at the time, the company’s first-generation FinFET has been successfully mass-produced and will contribute meaningful revenue in the fourth quarter; the second-generation FinFET research and development is progressing steadily, and customer introduction is progressing smoothly.

Compared with the 14nm transistor size, the 12nm process has reduced power consumption by 20%, improved performance by 10%, and reduced error rate by 20%.

Not long ago, SMIC also stated on the interactive platform that the company is currently operating normally, and the company has been actively communicating and communicating with relevant US government departments.

The company's customer demand is strong, orders are full, and the capacity utilization rate in the third quarter is close to full. Looking forward to the full year of 2020, the company's revenue target has been revised up to an annual growth rate of 24% to 26%. The annual gross profit target is higher than last year.