BEIJING, May 9 (Reuters) - China's semiconductor
foundry, Semiconductor Manufacturing International Corporation
(SMIC), will closely monitor the impact of tariffs on demand,
co-CEO Zhao Haijun said on Friday, adding that visibility for
the second quarter was not clear at the moment.
Zhao told analysts in an earnings call that while import
tariffs had increased orders from U.S. customers in the past
quarter, the overall impact had been modest.
In its financial statement, SMIC projected a revenue decline
of up to 6% in the second quarter.