SMIC reports Q2 revenue down 18% YoY to $1.56B and net income down 21.7% YoY to $402.76M, weighed down by US sanctions and slow recovery in global chip demand (Sheila Chiang/CNBC) 10-08-2023
Sheila Chiang / CNBC: SMIC reports Q2 revenue down 18% YoY to $1.56B and net income down 21.7% YoY to $402.76M, weighed down by US sanctions and slow recovery in global chip demand — – SMCIC posted a drop in second-quarter revenue amid ongoing U.S. sanctions and a sluggish recovery in global chip demand. Lees verder op Tech Meme