Aug 182020
 

Revenue was a record high of $938.5 million in 2Q20, an increase of 3.7% QoQ from $904.9 million in 1Q20, and 18.7% … Although this is only an entry-level chip, the Kirin 710A” represents a breakthrough in achieving an all Chinese chip. "Teleconference call services are affected by the COVID-19, operator assisted conference calls are not available at the moment. However, SMIC will be useful to Huawei in producing its entry-level Kirin chips. With SMIC’s 14nm process, Kirin 710A has a I'm a professional geologist and an enthusiastic writer who is interested in technology. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. Registration on or use of this site constitutes acceptance of our The following statements are forward looking statements based on current expectations and involved risks and uncertainties, some of which are set forth under "Forward-Looking Statements" below. You must preregister online in order to receive the dial-in numbers.Once preregistration has been complete, you will receive dial-in numbers, the passcode, and a unique registrant ID. To supplement SMIC's consolidated financial results presented in accordance with IFRS, SMIC uses in this release non-IFRS measures of operating results that are adjusted to exclude finance cost, depreciation and amortization, income tax benefits and expenses, the effect of employee bonus accrual, government funding, impairment loss of tangible and intangible assets, gain or loss on the disposal of machinery and equipment and gain from the disposal of living quarters. Source : Source

We maintain a high utilization, our expansion plan will release gradually, and our third quarter revenue is guided to grow to another all-time high.SMIC is committed to innovation and development, capturing domestic and international opportunities, providing quality products and services to an increasing number of customers locally and globally, and driving the company's continued growth. According to recent reports, SMIC 14nm process is now in mass production and the yield rate is constantly improving.Recall that the Honor 4T Play was released back in April 2020. This smartphone comes with a Kirin 710A processor. Semiconductor Manufacturing International Corporation (SMIC) is a Chinese chipmaker that is making the headline in recent times. Het reisadvies voor Bulgarije van het Nederlandse ministerie van Buitenlandse Zaken. These forward-looking statements, including statements under "First Quarter 2020 Guidance", "Capex Summary" and the statements contained in the quotes of our Co-Chief Executive Officers are based on SMIC's current assumptions, expectations, beliefs, plans, objectives, and projections about future events or performance. In fact, plans for 3nm and 2nm manufacturing processes are already on the table. The presentation of non-IFRS financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with IFRS.

Headquartered in This release contains, in addition to historical information, forward-looking statements. These forward-looking statements are necessary estimates reflecting judgment of SMIC's senior management and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, intense competition in the semiconductor industry, SMIC's reliance on a small number of customers, timely wafer acceptance by SMIC's customers, timely introduction of new technologies, SMIC's ability to ramp new products into volume, supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, availability of manufacturing capacity, financial stability in end markets, orders or judgments from pending litigation, intensive intellectual property litigation in the semiconductor industry, general economic conditions and fluctuations in currency exchange rates.In addition to the information contained in this release, you should also consider the information contained in our other filings with Hong Kong Stock Exchange Limited ("SEHK") and Shanghai Stock Exchange ("SSE") from time to time.

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