China’s Leading Chipmaker SMIC Sees Q4 Revenue Increase 53.8% YoY
On Thursday, Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) released its latest performance report. According to the document, the company’s revenue in the fourth quarter of 2021 was 10.26 billion yuan ($1.62 billion), a year-on-year increase of 53.8%, hitting a record high. Meanwhile, gross profit was 3…