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SMIC: Achieved total sales revenue of $9.327 billion in 2025, a year-on-year increase of 16.2%
SMIC announced that in 2025, it achieved a total sales revenue of $9.327 billion, a year-on-year increase of 16.2%; the capacity utilization rate rose to 93.5%, an increase of 8 percentage points year-on-year; despite a significant increase in depreciation, the gross margin rose to 21%, an increase of 3 percentage points year-on-year. In 2025, the company’s R&D investment was $774 million, accounting for 8.3% of sales revenue.