On Thursday,lucah tmr Chinese chip foundry SMIC reported record-high annual revenue of RMB 57.8 billion ($8.07 billion), a 27.7% year-on-year increase. The gross margin was 18.6%, and capacity utilization stood at 85.6%, according to its 2024 fiscal year financial report. However, net profit attributable to shareholders fell 23.3% year-on-year to RMB 3.7 billion ($520 million), with earnings per share at RMB 0.46 ($0.064). The number of wafers sold, converted to an 8-inch standard, reached 8.021 million units, up 36.7% year-on-year, while the average selling price declined to RMB 6,639 ($927.31). SMIC’s management noted a 2024 recovery in the global semiconductor industry, driven by demand for intelligent and high-performance computing. The company added that automotive chip inventory adjustments slowed but said it expects growing competition and external uncertainties in 2025. [Icsmart, in Chinese]
Reaching Out, Reuniting
Best Switch deal: Get Pokémon Scarlet and Violet for a discount at Woot
5 things Amazon's AI
Best AirTag deal: Get a 4
‘When Women Rule the Court’ Book Event at GVJCI
Best fitness deal: Save 22% on the Echelon Smart Connect EX15 stationary fitness bike
Ulta members save 20% on all hair tools, even Dyson and Shark
Best Bose deal: Get $100 off QuietComfort headphones
‘Henoko, Oura Bay’ to Be Screened at Nibei Foundation
Best smartwatch deal: Get the Samsung Galaxy Watch Ultra Bespoke Edition for its lowest price yet
Nikkei Socials Dance at Nakaoka Center
Vancouver Whitecaps vs. Saprissa 2025 livestream: Watch Concacaf Champions Cup for free
Get a $30 credit when you spend $100 on pet supplies at Amazon
NYT Connections Sports Edition hints and answers for February 27: Tips to solve Connections #157
West Covina Cherry Blossom Festival This Saturday
NYT Connections Sports Edition hints and answers for February 27: Tips to solve Connections #157
Best gaming laptop deal: Save $300 on ASUS ROG Strix G16
Bose flash sale: Save $100 on QuietComfort headphones, plus more deals
‘Allegiance’ and the Persistence of Little Tokyo
Trump's nominee for NASA administrator is really into the moon
How to explain autism to kidsAmazon doesn't 'get' gaming. A canned Lord of the Rings is one more example.'The Falcon and the Winter Soldier' introduced another new villainHow to use the YouTube mobile app's new dataSpeedtest rankings put TElon Musk is going to host 'Saturday Night Live' for some reasonWhy your next car might track passengers with radarApple's iOS 14.5 is here. Download it for these new features.Why the intense U.S. drought is now a megadroughtThe Oscars red carpet is BACK, babey Best smart home deal: The Echo Show 8 is on sale for a new all 8 moments of youth activism that have defined 2023 25 best TV comedies on Max right now Wordle today: The answer and hints for December 31 Twitter / X: Cheapest tier for gold checkmark drops from $1,000 to $200 'Succession' auction has the 'ludicrously capacious bag' and more 5 rumored tech dropping in 2024 'Pokémon Concierge' review: The ultimate back What is a TikTok 'fear food' challenge? Microsoft announces 'Copilot key' for easy AI access on Windows PCs
0.1341s , 9747.34375 kb
Copyright © 2025 Powered by 【lucah tmr】SMIC’s 2024 revenue hits record high, but net profit declines · TechNode,Feature Flash
