SMIC's Zhao Haijun: Growth in Chinese Customer Demand Outpaces Company's Overall Demand
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Author:小编   

On November 13, SMIC Co-CEO Zhao Haijun said at the third-quarter earnings conference that, by region, China and the United States accounted for 90.8% and 7.8% of third-quarter sales revenue, respectively. In terms of amount, sales revenue from China rose 7% quarter-on-quarter, mainly because demand from Chinese customers grew faster than the company's overall demand, and the company allocated capacity accordingly to meet customer needs. By wafer size, 12-inch and 8-inch wafers accounted for 79% and 21% of wafer revenue, respectively, remaining stable. In terms of amount, 12-inch and 8-inch wafer revenue increased 9% and 4% quarter-on-quarter, respectively, mainly due to strong customer demand and the company's capacity expansion being concentrated on 12-inch production lines.