Chinas leading chipmaker, Semiconductor Manufacturing International Corp (SMIC), cautions that the mature-node chip market ...

Summary China’s top chipmaker, SMIC, reported a 45.4% profit drop in 2024, citing lower investment and financial income amid U.S.-China trade tensions. Q4 profit also plunged 38.4%, missing estimates.

China's largest chipmaker SMIC said the market for its staple mature-node chips could be oversupplied in the second half of ...

BEIJING/SHANGHAI (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of ...

In its latest earnings call, China's leading pure-play foundry, SMIC, acknowledged an increase in domestic competition, ...

The heavy spending has squeezed profitability, with SMIC's gross margin declining to around 20% in 2023 from over 30% in 2021 ...