Tech war: China’s top foundry SMIC reports revenue growth in 2024, but net profits plunge

Full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million.

Mar 28, 2025 - 00:45
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Tech war: China’s top foundry SMIC reports revenue growth in 2024, but net profits plunge
Full-year revenue grew 27 per cent to US$8 billion but net profit plunged 45.4 per cent to US$493 million.

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