Di Yi Cai Jing Zi Xun·2025-11-14 02:41Core Viewpoint - SMIC's fourth-quarter performance guidance has declined due to traditional seasonal weakness and fluctuations in the mobile market, leading to cautious procurement in industries like mobile and network communication equipment [1] Group 1: Performance Guidance - SMIC's fourth-quarter performance guidance is conservative, primarily influenced by seasonal factors and market volatility [1] - The company has adjusted its shipment forecasts for the next two quarters to reflect a cautious outlook [1] Group 2: Market Conditions - The shortage of storage supply and rising prices have contributed to cautious procurement behavior in the mobile and network communication sectors [1] - To address urgent orders related to storage and analog products, SMIC postponed the shipment of some mobile products in the third quarter [1]