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SMIC Reports 2021 First Quarter Results
All currency figures stated in this report are in US Dollars unless stated otherwise.
The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ( IFRS ).
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SHANGHAI, May 13, 2021 /PRNewswire/ Semiconductor Manufacturing International Corporation (SSE STAR MARKET: 688981; SEHK: 00981) ( SMIC , the Company or we ), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2021.
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Quarter Highlights
Revenue was $1,103.6 million in 1Q21, an increase of 12.5% QoQ from $981.1 million in 4Q20, and 22.0% YoY from $904.9 million in 1Q20.
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