
SMIC's Zhao Haijun: Expected annual revenue exceeds 9 billion USD

SMIC's co-CEO Zhao Haijun expects the company's annual sales revenue to exceed USD 9 billion. Although the fourth quarter is a slow season for the industry, the company's production lines are still in high demand, and revenue will reach a new level
SMIC's co-CEO Zhao Haijun stated at the earnings conference that the fourth quarter is a traditional off-season for the industry, and customer inventory buildup has slowed down. However, the iterative effects of the industry chain continue, and the off-season is not weak; the company's production lines are still in a state of supply shortage. It is estimated that the company's annual sales revenue will exceed USD 9 billion, and the revenue scale will reach a new level.
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