China’s top chipmakers see shares plunge amid tariff uncertainty, despite revenue growth

Quick Summary:

SMIC and Hua Hong both warned of challenges in the second half of 2025, but reported strong revenue growth for the first quarter.

SMIC and Hua Hong’s Hong Kong-listed shares declined on Friday by 4.8 per cent and 7.9 per cent, respectively.

Still, Hua Hong expected a sequential rise in second-quarter revenue to between US$550 million and US$570 million.

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Article Details

Author / Journalist: Ann Cao

Category: Business

Markets: Hong KongChina

Topics: Smic Sequential Year Second-quarter Second Hong Expected Cent Semiconductor Prices Earnings

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 20:00:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 201 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28513604

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About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 16 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 10 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #42

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