SMIC
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 |
---|---|---|---|---|---|---|
Revenues | 3.1b | 3.9b | 5.4b | 7.3b | 6.3b | 65.8b |
% growth | - | 25 % | 39 % | 34 % | (13 %) | - |
EBITDA | 1.3b | 2.1b | 3.5b | 4.6b | 3.8b | - |
% EBITDA margin | 40 % | 53 % | 64 % | 63 % | 60 % | - |
Profit | 235m | 716m | 1.7b | 1.8b | 903m | - |
% profit margin | 8 % | 18 % | 31 % | 25 % | 14 % | - |
R&D budget | 687m | 677m | 639m | 733m | 707m | - |
R&D % of revenue | 22 % | 17 % | 12 % | 10 % | 11 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $1.0b | Series A | |
N/A | Late VC | ||
* | $630m Valuation: $5.0b | Series C | |
* | N/A | $1.8b | IPO |
* | $2.3b | Post IPO Equity | |
* | N/A | $6.6b | IPO |
Total Funding | $1.6b |
Recent News about SMIC
EditSMIC (Semiconductor Manufacturing International Corporation) is a leading semiconductor foundry in mainland China, specializing in the production of integrated circuits using advanced 14 nanometre FinFET technology. The company serves a diverse range of clients including global electronics manufacturers, automotive companies, and technology firms. Operating in the highly competitive semiconductor market, SMIC focuses on providing cutting-edge technology solutions that enable the development of high-performance electronic devices. The business model revolves around contract manufacturing, where clients design their own chips and SMIC manufactures them at scale. Revenue is generated through long-term contracts and volume-based pricing, ensuring a steady stream of income. SMIC's commitment to innovation and quality has positioned it as a key player in the global semiconductor industry, contributing significantly to technological advancements and economic growth in mainland China.
Keywords: semiconductor, FinFET technology, integrated circuits, contract manufacturing, electronics, automotive, technology, innovation, mass production, mainland China.