SMIC’s Co-CEO Zhao Haijun: Utilization Rate to Stay Elevated at Approximately 95% in Q3 Following New Capacity Integration
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Author:小编   

On August 14, Zhao Haijun, co-CEO of Semiconductor Manufacturing International Corporation (SMIC), announced during the second-quarter earnings call that the company anticipates sustained growth in shipments during the third quarter, coupled with stable pricing. Revenue is forecast to increase by 2% to 4% on a quarter-on-quarter basis, while gross margin is projected to range between 26% and 28%. Even after accounting for the effects of new depreciation expenses and peak summer electricity usage, gross margin is expected to continue its upward trajectory on a quarterly basis. Following the integration of new production capacity, utilization rates are anticipated to remain robust at around 95%, effectively lowering unit fixed costs.

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