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SMIC's third-quarter revenue reaches $3.19 billion, gross margin rises to 29.9%
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SMIC reported third-quarter overall sales revenue of $3.19 billion, a quarter-on-quarter increase of 6.1%. The company's gross margin for the quarter was 29.9%, up 4.6 percentage points from the previous quarter. The disclosure provides key financial metrics on the Chinese chipmaker's quarterly performance, covering both revenue growth and profitability trends.
Source report
Key highlights for the third quarter:
- Overall revenue reached $3.19 billion, up 6.1% quarter-over-quarter.
- Gross margin stood at 29.9%, an increase of 4.6 percentage points quarter-over-quarter.
Source
domesticNeutral / independent
Part of this Story
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