Chinese Chip Maker Smic Says Revenue Up 20% As Clients Restock

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Thu, 05/09/2024 - 5:29am

Chinese chip maker SMIC says revenue up 20% as clients restock

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BING NEWS:

SMIC Struggles with Intense Industry Competition, Earnings Fall Short
SMIC, China's largest contract chip maker, is seen as critical to Beijing's ambitions to reduce foreign reliance in its domestic semiconductor industry as the United States continues to rein in China' ...
05/10/2024 - 10:32 pm | View Link
Chipmaker SMIC Warns Global Chip Oversupply Looms Amid Intensifying Price War in China Market
SMIC issues caution amid intensifying chip oversupply fears globally. Profit dips sharply as competition heats up, with analysts warning of market saturation repercussions.
05/10/2024 - 3:27 am | View Link
Price war among chip makers in China on cards, says top player SMIC
China is staring at a situation where its domestic chip makers are likely to get into a price war to woo semiconductor buyers. Semiconductor Manufacturing International Corp (SMIC) co-CEO Zhao Haijun ...
05/10/2024 - 12:38 am | View Link
SMIC warns of growing chip pricing competition in China
Semiconductor Manufacturing International Corp. expects its average selling price to fall this quarter as chipmakers increase capacity, raising the alarm about growing price competition in the global ...
05/9/2024 - 9:54 pm | View Link
China's Top Chipmaker SMIC Sees Profit Margin Plummet To 15-Year Low Amid US Export Controls
China’s Semiconductor Manufacturing International Corp has reported a significant drop in its profit margin, reaching its lowest level since 2009. The company expects further decline as it expands its ...
05/9/2024 - 3:58 pm | View Link
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Chinese Chip Maker Smic Says Revenue Up 20% As Clients Restock

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