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 ...
Shanghai, as one of China's most representative global cities, features an architectural vocabulary that seamlessly blends its distinctive "Haipai" (Shanghai style) urban character with an ...
Mao Xiangdong, vice-president of the Shanghai Institute of Technology and a member of the standing committee of the municipal people’s congress, proposed the idea during Shanghai’s ongoing ...
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