International Companies

Chipmaker SMIC smashes estimates as Q4 profits surge 61%

By Benjamin Chiou

Date: Tuesday 10 Feb 2026

(Sharecast News) - State-owned Chinese semiconductor foundry Semiconductor Manufacturing International Corp smashed market forecasts with its fourth-quarter results on Tuesday, which showed a 61% surge in profits.
The company, which is the largest contract chipmaker in the country, said net profits totalled $172.9m on a US dollar basis, up 60.7% over...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page