SMIC says it will start risk production on 14nm in H1 2019, reports Digitimes.
SMIC had Q1 revenues of $831 million and gross profits of $220.2 million for a margin of 26.5%.
The company expects sequential 7-9% revenue growth for Q2 with a gross margin of 23-25%.
SMIC’s 8-inch Shenzhen fab now has capacity 447,750 wpq up from 442,750 wpq in Q4 with of an average capacity utilisation rate of 88.3%.
Q1 R&D expenses were $123 million and capex was $322 million.
SMIC says it is getting 40% of its revenues from mainland China.