China chip giant SMIC: FY21 net profit $1.702 bln, +137.8% y...

China chip giant SMIC: FY21 net profit $1.702 bln, +137.8% y/y; revenue $5.443 bln, +39.3% y/y vs $3.907 bln in FY2020. In 2021, operational continuity had been basically secured, and mature technology capacity expanded in an orderly manner, advanced technology business steadily improved, and Company achieved revenue exceeding its original 2021 target.