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In 2018, SMIC had gross profits of $747 million and net profits of $149, with $3.6 billion in revenues. [13] It apparently spend around $550 million on research and development, or about 16 percent of sales. [25] On 9 March 2018, SMIC and the government of Shaoxing established a joint venture, United Nova Technology. [26]
Business boomed last year for Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on the back of a global chip shortage, with revenues and profits soaring despite pressure ...
In contrast to the strong revenue growth, SMIC's unaudited profit attributable to owners plunged 69% to $71.8 million, undershooting forecasts as the company logged significant depreciation costs ...
Revenue (million USD) 2023 Q4 2023 Q3 2023 1 TSMC: Pure-play Republic of China 19,660 17,249 2 Samsung Semiconductor: IDM South Korea 3,619 3,690 3 GlobalFoundries: Pure-play United States 1,854 1,852 4 UMC: Pure-play Republic of China 1,727 1,801 5 SMIC: Pure-play China 1,678 1,620 6 Hua Hong Semiconductor: Pure-play China 657 766 7 Tower ...
This is a global list of largest technology companies by revenue, according to the Fortune Global 500. It shows companies identified by Fortune as being in the technology sector, ranked by total annual revenue. Other metrics not shown here, in particular market capitalization, are often used alternatively to define the size of a company.
Full-year revenue for 2024 was $12.61 billion, down 5% year on year due to a weak macro in the Western markets, while China continued to be resilient. ... SMIC and HH grades as we announced in our ...
SMIC reported sales of $1.1 billion in Q1 2021, a year-on-year increase of 22%, and gross profit reached $250 million, a 7.1% increase. China's SMIC raises revenue expectations following strong Q1 ...
SMIC is headquartered in Shanghai [31] and incorporated in the Cayman Islands. [32] It has wafer fabrication sites throughout mainland China, offices in the United States, Italy, Japan, and Taiwan, and a representative office in Hong Kong. [33] It provides integrated circuit (IC) manufacturing services on 350 nm to 14 nm process technologies.