Yahoo! Finance: Company News
China’s SMIC Warns of ‘Rapid Freeze’ as Smartphone Demand Skids – (Bloomberg) — Semiconductor Manufacturing International Corp. warned that clients in sectors such as smartphones were freezing orders, underscoring how a downturn in consumer electronics demand is hurting the chip sector.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Feds Damage to the Housing Market May Last …