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SMIC reports Q3 revenue up 34% YoY to $2.17B, vs $2.2B est., and net income up 58.3% YoY to $148.8M, below $199.71M est., as the chip sector recover


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2024-11-07 12:15:26
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Cybersecurity Business

Reuters:

SMIC reports Q3 revenue up 34% YoY to ~$2.17B, vs $2.2B est., and net income up 58.3% YoY to ~$148.8M, below $199.71M est., as the chip sector recovers  —  China's largest chipmaker Semiconductor Manufacturing International Corp (0981.HK) reported its net profit increased 58.3% for the third quarter of 2024.




Reuters:

SMIC reports Q3 revenue up 34% YoY to ~$2.17B, vs $2.2B est., and net income up 58.3% YoY to ~$148.8M, below $199.71M est., as the chip sector recovers  —  China's largest chipmaker Semiconductor Manufacturing International Corp (0981.HK) reported its net profit increased 58.3% for the third quarter of 2024.



Source: TechMeme
Source Link: http://www.techmeme.com/241107/p15#a241107p15


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