SMIC says demand still outpacing supply, rush orders set to ease
- The head of Semiconductor Manufacturing International Corporation (SMIC) said current demand for its products continues to exceed available supply.
- Speaking on Friday, the CEO noted that the wave of rush orders and accelerated shipments seen in recent months is expected to slow in the fourth quarter.
- Added that the “hard landing” feared from recent tariff policies has not materialised so far.
SMIC has been navigating strong customer demand alongside the challenges of shifting trade and tariff conditions.
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Semiconductor Manufacturing International Corporation (SMIC) is a partially state-owned publicly listed Chinese semiconductor foundry company
- the largest contract chip maker in mainland China
- headquartered in Shanghai
This article was written by Eamonn Sheridan at investinglive.com.