Latest Semiconductor Manufacturing International Corporation News & Updates

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Semiconductor Manufacturing International Corporation (SMIC)

Integrated circuit foundry

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Latest news about Semiconductor Manufacturing International Corporation (SMIC)

In short: SMIC reported record 2025 revenue of $9.3 billion and cleared a $6 billion takeover of SMNC to consolidate its position as a top global foundry.

Company announcements

May 14 SMIC

SMIC releases 2026 Q1 financial report, sales revenue exceeds 2.5 billion US dollars

Gross profit margin 20.1%, quarter-on-quarter increase of 0.7 percentage points, second quarter revenue guidance quarter-on-quarter growth of 14% to 16%

March 26 SMIC

SMIC revenue and profit both increase

Revenue was $9.327 billion, profit was $685 million, capacity utilization rate was 93.5%.

February 10 SMIC

SMIC announces Q4 2025 revenue of $2.489 billion

Revenue grew 4.5% quarter-on-quarter, but gross margin fell to 19.2%, mainly due to increased depreciation.

February 10 SMIC

SMIC releases 2025 Q3 financial report, annual revenue reaches new high

Annual revenue of $9.327 billion, up 16.2% year-on-year, gross margin of 21.0%.

Media coverage

May 27 Yahoo Finance

Huawei's New AI Chip Strategy Sends SMIC Shares Up Nearly 6%

Huawei unveiled its LogicFolding chip design approach as China searches for AI breakthroughs under US export restrictions.

May 22 South China Morning Post

China’s SMIC clears final hurdle for US$6 billion takeover of SMNC

SMNC is to become a wholly owned subsidiary of SMIC, boosting the semiconductor manufacturer’s prowess and market position.

May 21 DIGITIMES

SMIC, Hua Hong form materials supply platform to cut China chip chain reliance on US

China's semiconductor self-sufficiency drive has taken another step forward, with SMIC and Hua Hong Group jointly ...

May 15 MarketWatch

SMIC Shares Rise as China's Largest Contract Chip Maker Tips Wider Margins

Semiconductor Manufacturing International Corp.'s strong second-quarter margin guidance thanks to higher product prices boosted shares of China's largest contract chip maker. The gains came after...

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