💨 Abstract

China's largest chipmaker SMIC expects oversupply in mature-node chips market in H2 2025, due to increased industry capacity and declining demand. The company focuses on consumer electronics and home appliances chips, which saw a surge during COVID-19 stay-at-home policies but suffered as people returned to offices. SMIC's revenue for Q4 2023 was $2.2 billion, up 31.5%

Courtesy: theprint.in

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