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SMIC expects Q4 revenue to rise 4%-6% quarter-on-quarter, guides gross margin at 26%-28%

Published Nov 12, 09:50 AM UTC

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SMIC (688981.SS) issued guidance indicating that its fourth-quarter revenue is expected to grow 4% to 6% quarter over quarter, with a gross margin guidance range of 26% to 28%, according to a Reuters report. The disclosure provides investors with the Chinese chipmaker's near-term outlook for sales growth and profitability, though the source item does not specify the comparison base, currency, or any conditions attached to the forecast.

Content shown outside its original language is machine translated; summaries may also be condensed.

Source

rtrsNeutral / independent

Original headline: RTRS 中芯国际 688981.SS:四季度收入预计环比增长4%-6%，毛利率指引为26%-28%

Original language: ZH

Part of this Story

SMIC Q3 net profit rises 87.6% to 2.847 billion yuan as revenue grows

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