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China’s Leading Chipmaker SMIC Sees Q4 Revenue Increase 53.8% YoY
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China’s Leading Chipmaker SMIC Sees Q4 Revenue Increase 53.8% YoY

Feb 11, 2022
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China’s Leading Chipmaker SMIC Sees Q4 Revenue Increase 53.8% YoY
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SMIC
(Source: TAdviser)

On Thursday, Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) released its latest performance report. According to the document, the company’s revenue in the fourth quarter of 2021 was 10.26 billion yuan ($1.62 billion), a year-on-year increase of 53.8%, hitting a record high. Meanwhile, gross profit was 3…

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