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SMIC profits fall 52% in 2017

Jessie Shen, DIGITIMES, Taipei 0

China-based pure-play foundry Semiconductor Manufacturing International (SMIC) has reported revenues grew 6.4% on year to a record high of US$3.1 billion in 2017. Net profits, however, declined 52% from 2016 levels to US$180 million.

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