# Who does Cambricon pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/cambricon · Facet: suppliers · Updated: 2026-07-12T05:40:53.361068+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Cambricon's confirmed suppliers/cost counterparties include SMIC plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 3 dated sources, 2 of them primary filings (as of 2026-07-12).

### SMIC (mid)  → /smic.md
- metric: Amount ¥4.2B · FY2025 최대 공급사 매입(익명, 매체=SMIC)
- note: The largest cost of AI-accelerator manufacturing — the FY2025 annual report shows a single top supplier at 55.34% of purchases (~RMB 4.198bn, over half of total), but the company anonymizes the supplier's name. As a fabless firm this top supplier is a foundry, which media identify as SMIC 7nm (N+2). The capacity and yield it obtains cap shipments, the growth bottleneck.
- [confirms] SSE filing (cninfo) (ZH, filing, published 2026-03-12) https://dataclouds.cninfo.com.cn/shgonggao/hsomarket/2026/20260312/05ca784762a7401b9ed371d917e436dc.PDF: "Top supplier purchases RMB 4,198.2M, 55.34% of total (supplier anonymized)"
- [confirms] Cambricon/SSE (EN, filing, published 2026-03-01) https://www.cambricon.com/: "Cambricon is made on SMIC 7nm, targeting 500k units in 2026."
- [confirms] TrendForce (EN, research, published 2025-12-15) https://www.trendforce.com/news/2025/12/15/insights-cambricon-remains-chinas-top-ai-chip-startup-rumored-2026-triple-output-faces-smic-limits/: "Media (TrendForce): Cambricon Siyuan 590/690 on SMIC N+2 (7nm)"

### EDA·IP·R&D (비공개) (low)
- note: Design EDA, IP and R&D.
- [confirms] Cambricon/SSE (EN, filing, published 2026-03-01) https://www.cambricon.com/: "AI-chip design R&D."

Reverse side: https://valuechain.wiki/cambricon/customers.md · Ripple: https://valuechain.wiki/cambricon/ripple.md

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Full node: https://valuechain.wiki/cambricon.md · JSON: https://valuechain.wiki/cambricon.json