{"id":89390,"date":"2023-08-11T13:00:16","date_gmt":"2023-08-11T13:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=89390"},"modified":"2023-08-11T13:00:16","modified_gmt":"2023-08-11T13:00:16","slug":"chinas-top-chip-foundry-smic-reports-lower-revenue-and-profit-as-us-sanctions-continue-to-bite-amid-sluggish-demand","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=89390","title":{"rendered":"China\u2019s top chip foundry SMIC reports lower revenue and profit as US sanctions continue to bite amid sluggish demand"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostNet income dropped 21.7 per cent year on year to US$402.76 million in the second quarter, as demand for electronic products is \u2018below expectation\u2019 while inventory remains high, co-CEO says.<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3230818\/chinas-top-chip-foundry-smic-reports-lower-revenue-and-profit-us-sanctions-continue-bite-amid?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostNet income dropped 21.7 per cent year on year to US$402.76 million in the second quarter, as demand for electronic products is \u2018below expectation\u2019&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/89390"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89390"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/89390\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89390"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}