SMIC's Subsidiaries Achieve Milestone with Robust Net Profit Growth in 2024
Semiconductor Manufacturing International Corporation (SMIC), a prominent player in the semiconductor industry, has several subsidiaries under its belt. SMIC Holdings Corporation, SMIC Investment (Shanghai) Corporation, and Semiconductor Manufacturing International (Beijing) Corporation are all wholly-owned subsidiaries of SMIC, each primarily engaged in investment and semiconductor manufacturing activities in China. SMIC Holdings Corporation, established in July 2015, focuses on investment, while SMIC Investment (Shanghai) Corporation, founded in September 2003, also specializes in investment. Meanwhile, Semiconductor Manufacturing International (Beijing) Corporation, set up in July 2002, is involved in the manufacturing and trading of semiconductor products. These subsidiaries play a crucial role in advancing SMIC's footprint in the global semiconductor market, contributing significantly to the company's operations and growth initiatives.
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