<p>➀ SMIC reported a net profit of 135 million yuan in 2024, turning a loss into profit;</p><p>➁ The company's operating revenue reached 9.11 billion yuan, a year-on-year increase of 27.72%;</p><p>➂ The main reasons for the revenue growth and profit turnaround include increased demand for integrated circuits, continuous R&D investment, and improved product competitiveness.</p>
Related Articles
- SMIC testing domestic immersion DUV machineabout 2 months ago
 - China-For-China supply chain growing10 months ago
 - China starts Big Fund III spending: $47 billion for ecosystem and fab tools10 months ago
 - Huawei sticks to 7nm for latest processor as China's chip advancements stall11 months ago
 - Q3 foundry revenues up 27% y-o-y11 months ago
 - A Look Back at Domestic Chips in 5 Years: A New Perspective12 months ago
 - US sanctions freeze Huawei's Ascend AI chips on older 7nm process node that's eight years behind TSMC, stalling progress until at least 202612 months ago
 - SMIC Reports Record-Breaking Q3 2024 Revenue, Cautious Outlook for Q412 months ago
 - GlobalFoundries Fined $500,000 for Unauthorized Chip Shipments12 months ago
 - Soaring High! SMIC Sets New Record High!about 1 year ago