Technology

SMIC reports Q3 revenue up 34.7% YoY to $1.91B, with net profit up 54.1% YoY to $574.4M, and expects Q4 revenue to decline by 13% to 15% due to US sanctions (Che Pan/South China Morning Post)

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Che Pan / South China Morning Post:

SMIC reports Q3 revenue up 34.7% YoY to $1.91B, with net profit up 54.1% YoY to $574.4M, and expects Q4 revenue to decline by 13% to 15% due to US sanctions  —  Semiconductor International Manufacturing Corp (SMIC) said it is assessing in more detail the impact from the latest US export control measures …



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