# foundry

SMIC Posts Healthy 2025 Profit Gain as Chinese Foundry Doubles Down on Capacity — but Growth Outlook Is Cautious

SMIC reported a 2025 revenue increase of about 16% and a 36% rise in net profit, driven by higher wafer shipments, improved utilisation and a better product mix. The firm spent $8.1 billion on capital expenditure in 2025 and guided for flat first‑quarter sales and an 18–20% gross margin, while forecasting full‑year growth above its peers and capex roughly unchanged.

NeTe2026年2月11日 02:24

#SMIC#semiconductor#foundry

Detailed image of a computer motherboard highlighting an Intel chip with surrounding components.

Business

SMIC Posts Revenue and Net-Profit Gains in Q4 Despite Sharp Fall in Pre‑Tax Profit

SMIC reported Q4 2025 revenue of RMB 17.813 billion (up 11.9% YoY) and net profit of RMB 1.223 billion (up 23.2% YoY), while profit before tax plunged 41.5% to RMB 1.602 billion. The mixed results underscore resilient domestic demand for foundry services but raise questions about the role of non‑operating items and the sustainability of earnings amid export controls and industry headwinds.

NeMo2026年2月10日 13:34

#SMIC#semiconductor#China