Hua Hong Grace reports record second quarter financial results
Gross margin reaches 16.5 percent while net profit exceeds thirty eight million dollars amid rising artificial intelligence demand.
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Semiconductor foundry and wafer manufacturing company
huahonggrace.comLast updated
Gross margin reaches 16.5 percent while net profit exceeds thirty eight million dollars amid rising artificial intelligence demand.
The company outlines procedures for shareholders to replace lost documents and requests submission of required identification forms.
The company's revenue increased by 22.4% year-on-year, with a steady improvement in the capacity utilization rate of advanced process nodes. Revenue from artificial intelligence-related businesses doubled, highlighting strong overall operational performance.
Semiconductor Manufacturing International Corporation (SMIC), China's leading foundry, and Hua Hong Grace Semiconductor Limited posted second-quarter results that beat market expectations, helped by t..
Reuters previously reported in ... milestone in Beijing’s push for technological self-reliance. Its foundry subsidiary, Shanghai Huahong Grace Semiconductor Manufacturing, is preparing to produce 7-nanometer...
Shanghai Huahong Grace Semiconductor Manufacturing Corporation announced that it has raised CNY 12,632.35 million in an equity round of funding on September 20, 2023. The...
Hua Hong Semiconductor Limited, Shanghai Huahong Grace Semiconductor Manufacturing Corporation, China Integrated Circuit Industry Investment Fund Co. Ltd., Wuxi Xi Hong Lian Xin Investment Co...
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