Tag: SMIC
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China’s largest chipmaker SMIC chairman resigns amidst U.S. pressure
Semiconductor Manufacturing International (SMIC), China’s leading chipmaker, faced another board-level departure as Chairman Gao Yonggang resigned.
Gao Yonggang, who took on the role of chairman...
SMIC reports drop in revenue and profit in Q1
Semiconductor Manufacturing International Corporation (SMIC) has reported revenue of $1.462 billion in 1Q23, compared to $1.621 billion in 4Q22, and $1.841 billion in 1Q22.
SMIC’s...
SMIC to retain Capex at $6.35 billion for 2023
Semiconductor Manufacturing International (SMIC) said its capital expenditure (Capex) in 2023 will be similar to previous year’s $6.35 billion.
SMIC said monthly capacity increased to 714...
SMIC raises capital expenditure to $6.6 billion
SMIC has raised its capital expenditure for 2022 by 32 percent to $6.6 billion despite the US government expanding its export controls against China.
The...
SMIC lifts Capex to $6.6 bn from $5 bn
Semiconductor Manufacturing International (SMIC) has reported a 34.7 percent rise in third-quarter revenue and lifted its capital expenditure plan.
SMIC generated revenue of $1.91 billion in...
