China’s SMIC reports record $5.4B revenue in 2021, up 39% YoY, and $1.7B profit, up 138% YoY, as it looks to add more chip production capacity amid US sanctions (Arjun Kharpal/CNBC)

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The post China’s SMIC reports record $5.4B revenue in 2021, up 39% YoY, and $1.7B profit, up 138% YoY, as it looks to add more chip production capacity amid US sanctions (Arjun Kharpal/CNBC) appeared first on NEWDAWN Blog.