Head of China's SMIC says demand nonetheless outstrips provide, rush orders to ease in This autumn

SMIC says demand nonetheless outpacing provide, rush orders set to ease

• The pinnacle of Semiconductor Manufacturing Worldwide Company (SMIC) mentioned present demand for its merchandise continues to exceed out there provide.
• Talking on Friday, the CEO famous that the wave of rush orders and accelerated shipments seen in latest months is predicted to sluggish within the fourth quarter.
• Added that the “onerous touchdown” feared from latest tariff insurance policies has not materialised to date.

SMIC has been navigating robust buyer demand alongside the challenges of shifting commerce and tariff situations.

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Semiconductor Manufacturing Worldwide Company (SMIC) is state-owned publicly listed Chinese language semiconductor foundry firm

• the most important contract chip maker in mainland China
• headquartered in Shanghai

This text was written by Aaron Cutchburt at investinglive.com.