中芯国际4~6月净利润下降19%

Core Viewpoint - The revenue of SMIC has increased due to rising domestic semiconductor demand, but costs have also risen, leading to a decline in profit for the first time in two quarters [2]. Group 1: Financial Performance - For the period of April to June, SMIC reported a net profit decrease of 19% year-on-year, amounting to $132.48 million [2]. - The operating revenue for the same period grew by 16%, reaching $2.20906 billion [4]. - The equipment utilization rate improved to 93%, compared to 85% in the same period last year [5]. Group 2: Market Dynamics - The proportion of revenue from China increased to 84%, up from 80% year-on-year, while revenue from the U.S. decreased to 13% from 16% [4]. - The increase in orders for automotive and industrial semiconductors is attributed to the Chinese government's guidance for manufacturers to prioritize domestic semiconductors amid U.S.-China tensions [4]. - SMIC's CEO noted that the market share of Chinese automotive manufacturers is expanding, which is beneficial for the company [4].