In 2023, SMIC's research and development cost as a share of revenue reached 11 percent, one percentage points more than one year prior. According to the company, the reason for this development was a diversion of resources from R&D towards production to keep up to the global increase in demand. In addition to that, the increase in revenue affected the ratio.
Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023
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SMIC. (April 9, 2024). Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/
SMIC. "Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023." Chart. April 9, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/
SMIC. (2024). Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/
SMIC. "Biannual Research and Development Expenditure as a Share of Revenue of Semiconductor Manufacturing International Corporation (Smic) from 2020 to 2023." Statista, Statista Inc., 9 Apr 2024, https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/
SMIC, Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023 Statista, https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/ (last visited December 23, 2024)
Biannual research and development expenditure as a share of revenue of Semiconductor Manufacturing International Corporation (SMIC) from 2020 to 2023 [Graph], SMIC, April 9, 2024. [Online]. Available: https://www.statista.com/statistics/1339784/semiconductor-manufacturing-international-corporation-randd-expenditure-as-a-percentage-of-revenue/
