SMIC noted its significant YoY decline in profit took place amid the bottom of the cycle that the semiconductor industry experienced over the past year, specifically, the weak demand in the global market and elevated industry inventories with slowdown of de-stocking. In addition, fierce competition ...
SMIC noted its significant YoY decline in profit took place amid the bottom of the cycle that the semiconductor industry experienced over the past year, specifically, the weak demand in the global market and elevated industry inventories with slowdown of de-stocking. In addition, fierce competition ...