On the morning of May 9, SMIC Co-CEO Zhao Haijun said in a quarterly report conference call that although many new factors have emerged in the current market, the fundamentals have not changed much compared to the first quarter. Customers are responding calmly, and the company's capacity utilization rate continues to be full. “We have seen positive signs that various industries, including the industrial and automotive sectors, have bottomed out and rebounded. The local transformation of the industrial chain continues to strengthen, and more demand for foundry manufacturing is returning to the mainland. At the same time, the market is also experiencing anxiety caused by changes in tariff policies, etc. Next, changes in tariff policies, market incentives, and whether rapid inventory construction will overdraft future demand are all worth paying close attention.” Zhao Haijun said.

On the morning of May 9, SMIC Co-CEO Zhao Haijun said in a quarterly report conference call that although many new factors have emerged in the current market, the fundamentals have not changed much compared to the first quarter. Customers are responding calmly, and the company's capacity utilization rate continues to be full. “We have seen positive signs that various industries, including the industrial and automotive sectors, have bottomed out and rebounded. The local transformation of the industrial chain continues to strengthen, and more demand for foundry manufacturing is returning to the mainland. At the same time, the market is also experiencing anxiety caused by changes in tariff policies, etc. Next, changes in tariff policies, market incentives, and whether rapid inventory construction will overdraft future demand are all worth paying close attention.” Zhao Haijun said.