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SMIC 1Q23 gross margin to fall sharply, order visibility still low for 2H

Vanessa Chiang, Taipei; Willis Ke, DIGITIMES Asia Wednesday 15 February 2023 0

Credit: DIGITIMES

China's top foundry SMIC has estimated its gross margin to fall sharply to 19-21% for the first quarter of 2023 from 32% of a quarter earlier, and its order visibility remains low for the second half of the year.

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