Technology

Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions (South China Morning Post)

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Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions (South China Morning Post)
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South China Morning Post:

Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions  —  Semiconductor Manufacturing International Corp (SMIC) reported better-than-expected earnings for the June quarter …



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