SMIC posts 60.7% rise in fourth-quarter profit on strong chip demand
SHANGHAI China February 10 2026: Semiconductor Manufacturing International Corp also known as SMIC, China’s largest contract chipmaker, reported a remarkable 60.7% year-on-year increase in profit for the fourth quarter ended December 31 2025, driven by strong chip demand and improved operational performance. This performance surpassed market expectations and highlighted robust demand across key technology sectors…