Semiconductors

China chipmaker SMIC says consumer electronics to recover in 2025

Co-CEO Zhao Haijun says all chipmakers will benefit from massive AI adoption

CHENG TING-FANG and LAULY LI, Nikkei Asia tech correspondent
November 8, 2024 14:13 JST

TAIPEI -- Top Chinese chipmaker Semiconductor Manufacturing International Corp. said it expects consumer electronics demand to recover next year, after demand for locally made chips helped push its quarterly revenue above $2 billion for the first time.

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