Utilization rebounce can't save SMIC's falling profits

Amanda Liang, DIGITIMES Asia, Taipei Monday 28 August 2023 0

Credit: DIGITIMES

Despite the noticeable rebounce of utilization rate of SMIC starting from the second quarter of 2023, reaching nearly 80%, the pace of improvement still appears sluggish, unable to rescue SMIC's profit performance for the first half of 2023.

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