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SMIC to closely monitor impact of tariffs on demand, says co-CEO
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SMIC to closely monitor impact of tariffs on demand, says co-CEO
May 26, 2025 4:46 AM

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.

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