Bloomberg:
SMIC reports Q1 revenue up 4.3% YoY to $1.75B, vs. $1.69B est., and a $71.8M net income, vs. $76.8M est., as consumer sentiment remains weak in China — – Net income was $71.8 million in the three months to March — SMIC expects revenue to rise by 5%-7% in April-June quarter
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