China chipmaker SMIC says consumer electronics to recover in 2025

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2024-11-19 02:18:38

SMIC co-CEO Zhao Haijun says all chipmakers will benefit from massive AI adoption. Top Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) said it expects consumer electronics demand to recover next year, after demand for locally made chips helped push its quarterly revenue above USD 2 billion for the first time. Co-CEO Zhao Haijun told investors on November 8 that...

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