Revenue Decline and Profit Drop in 2023 Await Chinese Chip Maker SMIC
SMIC, one of China’s leading semiconductor manufacturers, faces a mixed bag in its financial performance for the year 2023 and the beginning of 2024. Despite challenges, including weak global demand and intense competition, the company remains a key player in the semiconductor industry. Decline in Revenue and Net Income In 2023, SMIC experienced a decline in […]
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