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Chipmaker SMIC posts 45% profit slump in 2024 amid US-China trade tensions

China’s top semiconductor manufacturer saw its annual profit last year hit US$492.7 million, down from US$902.5 million in 2023.

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Feb 11, 2025 - 05:45
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Chipmaker SMIC posts 45% profit slump in 2024 amid US-China trade tensions
China’s top semiconductor manufacturer saw its annual profit last year hit US$492.7 million, down from US$902.5 million in 2023.
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