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SMIC, Hua Hong confront price pressure amid market challenges

Amanda Liang, Taipei; Jingyue Hsiao, DIGITIMES Asia Tuesday 15 August 2023 0

Credit: DIGITIMES

Amid global macroeconomic headwinds and weak demands for consumer electronics, SMIC has begun witnessing increasing orders, while Hua Hong Semiconductor is still struggling with a low utilization rate.

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