Foundry SMIC working flat out, raises capex: Page 2 of 2

May 14, 2020 //By Peter Clarke
Foundry SMIC working flat out, raises capex
China's leading foundry Semiconductor Manufacturing International Corp. (Shanghai, China) has reported record revenues of $904.9 million in 1Q20.
with applications including low-end application processors, baseband and consumer related products," the company said.

The company said it expects revenue toincrease by between 3 and 5 percent in the 2Q20.

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