SMIC Sees 21.8% YoY Revenue Surge to $1.9 Billion in Q2 2024, Boosted by Strong Demand in Consumer Electronics and Increased Wafer Production
SMIC, China’s leading semiconductor foundry, has announced its financial results for Q2 2024, showcasing a remarkable performance with significant increases in both revenue and net profit. Here’s a detailed look at the key financial metrics and operational highlights for the quarter. Continue reading SMIC Sees 21.8% YoY Revenue Surge to $1.9 Billion in Q2 2024, Boosted by Strong Demand in Consumer Electronics and Increased Wafer Production