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SMIC: 2025 Capital Expenditure Surpasses Initial Projections, Largely Driven by Robust Customer Demand
17 hour ago /
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Author：小编
During the earnings briefing, executives from SMIC announced that the company's capital expenditure for 2025 is projected to hit US$8.1 billion, surpassing the initial estimates made at the start of the year. This increase is primarily attributed to the strong demand from customers, shifts in the external business environment, and prolonged lead times for equipment delivery.
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