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15.05.26 - 02:54
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SMIC beats margin guidance even as operating profit slides (Digitimes)
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On May 14, Semiconductor Manufacturing International Corporation (SMIC) released its unaudited financial results for the first quarter of 2026, reporting a modest quarterly revenue increase alongside a double-digit year-over-year gain. The company recorded revenue of US$2,505 million for the period, a 0.7% increase from US$2,489 million in the final quarter of 2025. This performance reflects an 11.5% growth compared to the US$2,247 million generated during the same quarter of the previous year....
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12.02.26 - 05:48
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TSMC′s advanced process drives AI profits; SMIC, UMC, VIS face growth pressure (Digitimes)
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Amazon, Google, Meta, and Microsoft are set to sharply increase AI capital expenditure in 2026, with total investments reaching US$670 billion. This surge has sparked market concerns about an AI bubble, though Nvidia CEO Jensen Huang called the CSPs' spending "reasonable and necessary." The semiconductor industry sees a clear divide: TSMC is profiting heavily from AI demand, while Semiconductor Manufacturing International Corporation (SMIC), United Microelectronics Corporation (UMC), and Vanguard International Semiconductor (VIS) face growth challenges....
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11.02.26 - 04:18
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China′s SMIC expects flat revenue as drop in low-end orders offsets AI chip growth (SCMP)
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Semiconductor Manufacturing International Corp (SMIC), China's largest contract chipmaker, said it expected first quarter revenue to remain flat as a decline in low-end orders partly offset surging demand for memory chips for use in artificial intelligence applications.
SMIC reported on Tuesday that 2025 revenue increased 16.2 per cent from a year earlier to US$9.3 billion, while net profit surged 39 per cent to US$685.1 million. The growth was mainly due to increases in wafer shipment and......
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11.02.26 - 00:42
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SMIC breaks 2025 revenue record, margins fall to 19.2% (Digitimes)
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On February 10, Semiconductor Manufacturing International Corporation (SMIC) reported record 2025 revenues, but quarterly gross margins fell to 19.2%. The decline, driven by heavy depreciation costs and shifting smartphone supply chain dynamics, underscores the financial pressure of aggressive capacity expansion despite sustained high utilization across manufacturing facilities....
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14.11.25 - 10:00
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SMIC shrugs off US curbs with record revenue outlook on tight chip supply (SCMP)
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Semiconductor Manufacturing International Corporation (SMIC), China's largest chip foundry, said on Friday that full-year revenue is on track to hit an all-time high of more than US$9 billion, as tight foundry capacity and supply-chain localisation keep its fabs running at full tilt.
“The iterative effects across the supply chain are continuing, which leads to a stronger-than-usual off-season. Our production remains in a state of supply falling short of demand,” co-CEO Zhao Haijun said on an......
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29.08.25 - 03:12
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SMIC revenue surges 23% in 1H25, underscoring China’s chip ambitions (Digitimes)
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Semiconductor Manufacturing International Corporation (SMIC) reported strong results for the first half of 2025, with revenue rising 23.4% year-on-year to CNY31.99 billion (US$4.47 billion). Foundry revenue reached CNY30.35 billion, up 25.9% from a year earlier, keeping SMIC in the No. 2 spot globally among pure-play foundries....
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08.08.25 - 04:06
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SMIC reports mixed 2Q25 results, forecasts modest growth as stimulus boost fades (Digitimes)
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On late August 7, Semiconductor Manufacturing International Corporation (SMIC) posted mixed financial results for the second quarter of 2025, reflecting sequential softness but continued year-over-year recovery. The company also offered a cautiously optimistic outlook for the third quarter, expecting modest growth in revenue and a slight dip in margins....
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