SMIC: Achieve $9.327 billion in sales revenue by 2025, a year-on-year increase of 16.2%

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Golden Finance reports that on March 26, SMIC announced its performance. By 2025, the company will steadily expand its capacity, with the monthly production scale of 8-inch equivalent logic wafers exceeding 1 million units. The full-year sales revenue reached $9.327 billion, a year-on-year increase of 16.2%, continuing to solidify its position as the second-largest pure wafer foundry globally. Capacity utilization rose to 93.5%, an increase of 8 percentage points year-on-year. Despite a significant increase in depreciation, gross profit margin increased to 21%, up 3 percentage points year-on-year. In 2025, the company will maintain high R&D investment, totaling $774 million, accounting for 8.3% of sales revenue. (Dongxin News)

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