SMIC Co-CEO Zhao Haijun: Smartphone and Consumer Electronics Demand Remains Relatively Weak in Q3
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Author:小编   

Zhao Haijun, co-CEO of SMIC, reported that in the third quarter, smartphone and consumer electronics revenue declined by 8% and 1% quarter-over-quarter, respectively, with demand remaining sluggish. Overall demand across the computer and tablet, industrial and automotive, and connectivity and wearable segments showed no significant changes; however, driven by supply chain localization and forward-looking platform deployment, revenue in these segments grew by 26%, 26%, and 18% quarter-over-quarter, respectively.