SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution Strategy

SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution Strategy

SMIC's Q3 2024 Revenue and Net Profit Soar, Outshining GlobalFoundries: The Rise of a Chip Giant Under China's Domestic Substitution StrategySMIC (Semiconductor Manufacturing International Corporation) delivered stunning Q3 2024 results: revenue reached a remarkable 15.6 billion RMB (approximately $2...

Taiwan media: some wafer foundries have reduced prices in a disguised way

Taiwan media: some wafer foundries have reduced prices in a disguised way

According to Taiwan's Economic Daily on July 3, IC designers revealed that some wafer foundries are willing to "trade volume for price" and negotiate to "reduce price in disguised form" through special procurement. The traditional peak season effect of this season may fail...