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SMIC announced its third quarter report. In the third quarter, the company's overall sales revenue reached US$3.19 billion, up 6.1% month on month; gross margin was 29.9%, up 4.6 percentage points from month to month. In the fourth quarter, revenue is expected to increase by 4%-6% month-on-month, and gross margin guidance is 26%-28%.
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SMIC announced its third quarter report. In the third quarter, the company's overall sales revenue reached US$3.19 billion, up 6.1% month on month; gross margin was 29.9%, up 4.6 percentage points from month to month. In the fourth quarter, revenue is expected to increase by 4%-6% month-on-month, and gross margin guidance is 26%-28%.
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