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SMIC’s Revenue Hits New Highs in 2024, But Profits Take a Hit

In 2024, China’s top semiconductor player, SMIC, experienced a remarkable surge in revenue, reaching its highest point ever, even though its net profits took a significant hit. This mixed result paints a vivid picture of the shifting dynamics in China’s chip manufacturing sector. According to SMIC’s annual report filed with the Hong Kong stock exchange, […]

5 Apr 2025 · 2 MIN READRead article →
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