Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions (South China Morning Post) - TechnW3

Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions (South China Morning Post) - TechnW3

South China Morning Post:
Chinese chipmaker SMIC reports Q2 revenue rose 41.6% YoY to $1.9B vs. $1.89B est., but net profit fell 25% YoY to $514M, amid lockdowns and harsher US sanctions  —  Semiconductor Manufacturing International Corp (SMIC) reported better-than-expected earnings for the June quarter …

from TechnW3