Semiconductor Manufacturing International Corporation (HKG: 0981)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 364.00B |
| Revenue (ttm) | 58.28B |
| Net Income (ttm) | 4.35B |
| Shares Out | 7.98B |
| EPS (ttm) | 0.54 |
| PE Ratio | 53.26 |
| Forward PE | 38.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 83,914,681 |
| Open | 32.85 |
| Previous Close | 32.60 |
| Day's Range | 31.20 - 32.90 |
| 52-Week Range | 13.88 - 35.50 |
| Beta | 0.19 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 28, 2025 |
About Semiconductor Manufacturing International
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the manufacture, testing, and sale of integrated circuits in the United States, China, and Eurasia. The company is involved in the manufacturing and trading of semiconductor products; research and development activities; provision of semiconductor foundry and technology services; and construction, operation, and management of living quarters. It also offers design, development, and technical services related to integrated circuits; one-stop supporti... [Read more]
Financial Performance
In 2023, Semiconductor Manufacturing International's revenue was $6.32 billion, a decrease of -13.09% compared to the previous year's $7.27 billion. Earnings were $902.53 million, a decrease of -50.35%.
Financial numbers in USD Financial StatementsNews
SMIC leads Hong Kong rally after Trump changes tune on TikTok ban in the US
President-elect’s softening stance on the Chinese video app may lead to improvement in US-China ties.
Republican China panel chair slams US chip curbs for Huawei ‘loopholes’
The rules effectively deny all shipments to SMIC’s facility in Beijing, but allow ‘case-by-case’ sales of specific items to SMIC in Shanghai.
SMIC gets UN award for transparency and reporting
SM Investments Corp. (SMIC) on Tuesday said it was recognized as one of the leaders in transparency and reporting during the 2024 Philippines Women’s Empowerment Principles (WEP) Awards of the United ...
Huawei To Reportedly Take On Nvidia With Mass Production Of New AI Chips By 2025 Amid US Restrictions
Huawei Technologies Co., Ltd. is set to initiate mass production of its latest AI chip, the Ascend 910C, in early 2025, despite facing significant hurdles due to U.S. trade restrictions. What Happened...
SMIC stock surges 120% amid China's push for chip self-reliance
Semiconductor Manufacturing International Corp. (SMIC), China's largest outsourced chipmaker, has experienced a dramatic 120% rise in its Shanghai-listed stock over the past two months. The surge high...
SMIC’s Nvidia-Beating 120% Stock Rally Faces Chip War Threats
Semiconductor Manufacturing International Corp.’s stock has more than doubled over the past two months on an expected boost from China’s self-reliance push, even amid risks tied to competition and geo...
China’s top chip packaging firm sees major board shake-up
Former SMIC chairman Gao Yonggang has resigned from JCET’s board after China Resources became the firm’s largest shareholder.
SMIC: Strong performance of banking units lifts profits
SM Investments Corp. (SMIC), the Sy-led conglomerate, said its net income in January to September expanded by 9 percent to P60.9 billion from P55.9 billion last year.
US chip restrictions hinder AI ambitions of China’s top chip foundry, CEO says
SMIC co-CEO Zhao Haijun said the foundry can still benefit from rising demand for less advanced ‘legacy chips’ required for some AI products.
Tech war: China’s top chip foundry SMIC posts record revenue despite US sanction warning
The Shanghai -based chipmaker reported a 34 per cent year-on-year increase in third-quarter revenue to US$2.17 billion.
SMIC Q3 profit jumps 58% but misses estimates
China's largest chipmaker Semiconductor Manufacturing International Corp reported its net profit increased 58.3% for the third quarter of 2024.
US lawmaker urges investigation into China’s chipmaker SMIC over alleged Huawei ties
Republican Michael McCaul calls on the US Commerce Department to check whether SMIC is illegally producing chips for Huawei.
US needs to crack down on Chinese chipmaker SMIC, Republican lawmaker says
A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China's Semiconductor Manufacturing International Corp (SMIC) from strengthening the country's chipmaking ...
SMIC, DOST sign pact to help advance sustainable plastic
Publicly-listed SM Investments Corp. (SMIC) on Thursday signed a memorandum of understanding with the Department of Science and Technology (DOST) to help advance the development of sustainable plastic...
Chinese Chip Stocks Gain $13 Billion on Talk of Beijing Stimulus
Top Chinese chipmaker Semiconductor Manufacturing International Corp. led a $13 billion sector rally, after investors bet that Beijing will declare more policy or financial support for an industry cen...
SMIC promotes local suppliers
Conglomerate SM Investments Corp. (SMIC) said its retail outlets and shopping malls, which record a daily foot traffic of 4 million, provide a platform to support some 900 micro, small and medium ente...
SMIC firms bag Golden
SM Investments Corp. (SMIC) has been awarded the prestigious 5 Golden Arrow Award by the Institute of Corporate Directors (ICD), the highest recognition given during the ASEAN Corporate Governance Sco...
How SMIC, China's Semiconductor Champion, Landed in the Heart of a Tech War
Efforts by the Beijing-backed Semiconductor Manufacturing International Corporation, or SMIC, to break through innovation barriers have landed it in a geopolitical tech battle.
TSMC Tech Only 3 Years Ahead Of China's Progress, Shows Analysis — US Export Restrictions Have Minimal Impact
An analysis of China’s semiconductor technology shows it is just three years behind Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM). What Happened : The report highlights the limited impact of U.S. ex...
SMIC to acquire ICDC asset via share swap deal
The board of SM Investments Corp. (SMIC) has approved the conglomerate’s property-for-share swap deal with Intercontinental Development Corp. (ICDC) for a 184-hectare property in Susana Heights in Mun...
Tech war: China pumps up state subsidies for chip industry to counter US sanctions
Government subsidies granted to Huawei, SMIC, Naura Technology and other major chip players in China swelled in 2023, a Post analysis found.
SMIC posts 59% fall in Q2 profit yet beats expectations
Semiconductor Manufacturing International Corp reported a 59.1% fall in second-quarter net profit on Thursday though the result from China's largest chip foundry beat expectations.
Sibelco completes acquisition of Strategic Materials, Inc.
ANTWERP, Belgium & CHARLOTTE, N.C.--(BUSINESS WIRE)-- #glasscullet--Sibelco, a global leader in material solutions, completes acquisition of Strategic Materials, Inc., one of North America's largest g...
China's largest chipmaker SMIC is now the No. 3 foundry in the world, Counterpoint says
SMIC held a 6% market share in terms of global foundry revenue in the first quarter, up from 5% last year, overtaking GlobalFoundries and Taiwan's United Microelectronics Corporation. This places SMIC...
China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.