SMIC expects third-quarter revenue to grow 3% to 5% quarter on quarter, but predicts a seventh straight quarterly fall in gross margin to between 18% and 20%.

Weak electronics demand squeezes SMIC margins

China’s leading semiconductor manufacturer faces continued earnings pressure as the U.S. tightens sanctions and global demand for consumer electronics falters Key Takeaways: SMIC expects third-quarter revenue to grow 3% to…

Daylight ahead for China’s battered semiconductor sector?

Interim results from Chinese semiconductor companies suggest change for the better lies ahead for this group     By Research-Select Major Chinese microchip maker Hua Hong Semiconductor Ltd. (1347.HK; 688347.SH) went…
Is Huawei preparing a return to 5G smartphones?

Huawei: 5G comeback kid, or sucker for new sanctions?

The former smartphone superstar is reportedly planning to re-enter the 5G smartphone arena later this year, using domestic foundry SMIC to make its self-designed 5G chips Key Takeaways: Huawei reportedly…