Nov. 13 — SMIC co-CEO Zhao Haijun said at the Q3 earnings meeting revenue hit a record US$3.19bn, up 6.1% QoQ and above the top end of guidance as stronger-than-expected demand for AI-support chips (BCD, specialty memory, controllers) accelerated sales. Price renegotiations were rolled out in batches and product mix improved, lifting average wafer selling price 1.8% QoQ.

2026-11-13

Nov. 13 — SMIC co-CEO Zhao Haijun said at the Q3 earnings meeting revenue hit a record US$3.19bn, up 6.1% QoQ and above the top end of guidance as stronger-than-expected demand for AI-support chips (BCD, specialty memory, controllers) accelerated sales. Price renegotiations were rolled out in batches and product mix improved, lifting average wafer selling price 1.8% QoQ.