On Aug. 14 at the Q2 results meeting, SMIC co-CEO Zhao Haijun said wafer revenue
by end-market in Q2 was smartphones 17%, PCs & tablets 16%, consumer electronics
44%, connectivity & wearables 7%, and industrial & automotive 17%, with absolute
revenue levels rising sequentially. The company shifted capacity to tight-demand
areas, producing roughly 40% QoQ growth in AI-related, PC & tablet, and
industrial & automotive revenue. Elsewhere, customer pull-ins partly offset
end-market weakness, delivering QoQ absolute revenue gains of 8% for
smartphones, 16% for consumer electronics and 13% for connectivity & wearables.
