![China's SMIC reports record $5.4B revenue in 2021, up 39% YoY, and $1.7B profit, up 138% YoY, as it looks to add more chip production capacity amid US sanctions (Arjun Kharpal/CNBC) China's SMIC reports record $5.4B revenue in 2021, up 39% YoY, and $1.7B profit, up 138% YoY, as it looks to add more chip production capacity amid US sanctions (Arjun Kharpal/CNBC)](https://karkey.in/wp-content/uploads/http://www.techmeme.com/220212/i3.jpg)
Arjun Kharpal / CNBC:
China’s SMIC reports record $5.4B revenue in 2021, up 39% YoY, and $1.7B profit, up 138% YoY, as it looks to add more chip production capacity amid US sanctions — – China’s largest chipmaker Semiconductor Manufacturing International Corporation reported record revenue and a surge in profit last year.
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