Sherry Qin / Wall Street Journal:

SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and net profit up 5% YoY to ~$197.4M, below $223.6M est., weighed down by higher operating expenses, up 30% YoY  —  It sees scope for momentum to pick up in the second quarter  —  SMIC, China's biggest chip foundry, reported weaker …

Sherry Qin / Wall Street Journal:

SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and net profit up 5% YoY to ~$197.4M, below $223.6M est., weighed down by higher operating expenses, up 30% YoY  —  It sees scope for momentum to pick up in the second quarter  —  SMIC, China's biggest chip foundry, reported weaker …

Source: TechMeme
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