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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]
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 ...
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 ...
Sales for calendar 2021 were up 39% on the year at a record of $5.4 billion, propelled by worldwide demand, the company said in an annual financial report published on Thursday.
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
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.
The industry's annual semiconductor sales revenue has since grown to over $481 billion, as of 2018. [ 5 ] In 2010, the semiconductor industry had the highest intensity of Research & Development in the EU and ranked second after Biotechnology in the EU, United States and Japan combined.
An IC equipment supplier's revenue is classified as sales of systems used to manufacture semiconductors, thin-film heads, MEMS, and integrated circuits, as well as service, support, and retrofitted systems (flat panel displays are not included).