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SMIC Zhao Haijun: Proportion of Auto Product Sales to Rise to 10% in Future
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SMIC (00981.HK) plans to work with terminal manufacturers to increase its proportion of future sales of auto products to 10%, Zhao Haijun, Co-Chief Executive Officer of SMIC, said. SMIC is in the process of validating some of its existing product platforms for auto products, and plans to upgrade its platforms and gradually increase quantity in 3 years, by which time its corresponding output will meet one-third of the demand in domestic auto market, Zhao added. AAStocks Financial News |
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