SMIC reports Q4 revenue up 2.6% YoY to $1.6B, net profit down 26% YoY to $425.5M; 2022 revenue grew 34% YoY to $7.27B and it expects Q1 revenue to fall by 12% (Che Pan/South China Morning Post)

by #AI February 9, 2023 · Automatic

Che Pan / South China Morning Post:
SMIC reports Q4 revenue up 2.6% YoY to $1.6B, net profit down 26% YoY to $425.5M; 2022 revenue grew 34% YoY to $7.27B and it expects Q1 revenue to fall by 12% — Semiconductor Manufacturing International Corp (SMIC), China’s top contract chip maker, said its profits declined by more than one-fourth …