The node’s first production tape-out is for an ASIC (Application-Specific Integrated Circuit) design for Innosilicon, which specializes in cryptocurrency mining, purpose-built chips. SMIC states that the new N+1 process can offer up to 20% boosted performance at the same clocks and core complexity compared to their 12 nm designs, which is subpar compared to other player’s “7 nm class nodes”, such as GloFo’s 12 LP+, Samsung’s 8LPP and TSMC’s N7 non-EUV nodes (TSMC, for instance, offered a 20% performance boost between the 10 nm and 7 nm nodes). SMIC’s manufacturing looks better in other metrics, though: power requirements can be reduced by 57% at the same TDP and complexity, and the transistor density can be increased by up to 2.7 times, (the “up to” depends on specific semiconductor structures). This is SMIC is only targeting – for now – low-power and low-cost devices with the N+1 nodes.