China Semi Foundry: Fierce Competition & Sluggish Rebound In Year Of The Dragon

550 Views10 Feb 2024 18:31
SMIC & Hua Hong reported in line Q423 & both guided Q124 flat to slightly down. SMIC calls FY24 growth ~+5% YoY. Fierce competition, GM pressure, sluggish rebound in the Year of The Dragon..
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William Keating
Semiconductor & Technology Specialist
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