Slide in semiconductor shares extends into Europe after SMIC profit slump

Posted by IDQWE001 > 2023-11-10 19:29 | Report Abuse

Investing.com -- European chipmakers dipped on Friday, tracking a fall in some of their Asian peers, after China's Semiconductor Manufacturing International Corp (HK:0981) posted an 80% slide in its quarterly income. SMIC’s profit attributable to owners fell to about $94 million in the three months to Sept. 30, tumbling from the $470.8 million seen in the same period last year. Quarterly revenue declined by 15% to $1.62 billion, while the chipmaker’s gross margin nearly halved to 19.8% from 38.9% last year.

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5 comment(s). Last comment by foongsh 2023-11-14 13:01

IDQWE001

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Posted by IDQWE001 > 2023-11-10 19:30 | Report Abuse

CCP's chips manufacturer for Huawei P60 Pro Mate.

IDQWE001

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Posted by IDQWE001 > 2023-11-10 19:33 | Report Abuse

TSMC October 2023 Revenue Report

HSINCHU, Taiwan, R.O.C. – Nov. 10, 2023 - TSMC (TWSE: 2330, NYSE: TSM) today
announced its net revenue for October 2023: On a consolidated basis, revenue for October 2023
was approximately NT$243.20 billion, an increase of 34.8 percent from September 2023 and an
increase of 15.7 percent from October 2022. Revenue for January through October 2023 totaled
NT$1,779.41 billion, a decrease of 3.7 percent compared to the same period in 2022.

IDQWE001

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Posted by IDQWE001 > 2023-11-10 19:34 | Report Abuse

SMIC for Huawei Chips compare to TSMC AI & Apple Chips.

IDQWE001

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Posted by IDQWE001 > 2023-11-10 19:48 | Report Abuse

Which chips manufacturer more profitable ? which product is more advanced ? QR revenues and profits telling you all

foongsh

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Posted by foongsh > 2023-11-14 13:01 | Report Abuse

中芯“谣谣淋仙”。 Lol.

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