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Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning
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Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning

Cs news8 months ago02 mins

The Shanghai-based chipmaker said its third-quarter revenue rose 34 per cent from a year earlier to US$2.17 billion. Net profit for the quarter reached US$148.8 million, up 58.3 per cent from a year earlier. “The company achieved for the first time more than US$2 billion in quarterly revenue during the third quarter, representing a record…

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