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SMIC reports Q3 revenue down 15% YoY to $1.62B, missing $1.64B est., and net income down 80% YoY to $94M, missing $178.1M est., despite Huawei's


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2023-11-09 12:06:25
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Cybersecurity Business

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Bloomberg:

SMIC reports Q3 revenue down 15% YoY to $1.62B, missing $1.64B est., and net income down 80% YoY to $94M, missing $178.1M est., despite Huawei's Mate 60 Pro  —  The Shanghai company reported a 15% fall in revenue to $1.62 billion, versus an average projection for $1.64 billion.




Bloomberg:

SMIC reports Q3 revenue down 15% YoY to $1.62B, missing $1.64B est., and net income down 80% YoY to $94M, missing $178.1M est., despite Huawei's Mate 60 Pro  —  The Shanghai company reported a 15% fall in revenue to $1.62 billion, versus an average projection for $1.64 billion.



Source: TechMeme
Source Link: http://www.techmeme.com/231109/p16#a231109p16


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