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U.S. analyst concerns over SMIC’s surplus production capacity |
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Written by Administrator
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Monday, 26 November 2007 |
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BEIJING, Nov. 20 (InfoChina) – The recent price tumble of Semiconductor Manufacturing International Corporation (SMIC) (0981.HK; SMI.NYSE) to some extent reflected the wide concerns over the excess production capacity in the chip market, said Suresh Balaraman, an analyst with U.S. investment firm ThinkEquity Partners. |
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CEO: SMIC continues to suffer loss in Q4 |
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Written by Administrator
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Friday, 02 November 2007 |
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BEIJING, Oct. 31 (InfoChina) – Semiconductor Manufacturing International Corporation (SMIC) (SMI. NYSE, 981HK:), China’s leading semiconductor foundries, would continue to be in the red in the forth quarter, damped by the declining DRAM business, said Richard Chang, CEO of SMIC, |
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Actions Semiconductor Q3 net profit slumps 50 percent |
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Written by Administrator
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Friday, 02 November 2007 |
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BEIJING, Oct. 31 (InfoChina) – Actions Semiconductor Co., Ltd. (Nasdaq: ACTS), one of China's leading fabless semiconductor producers, Wednesday announced that its net profit for Q3 plunged 50 percent from the same period of last year to 10.3 million U.S. dollars, far lower than earlier market expectation. |
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Actions Semiconductor appoints new CFO |
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Written by Administrator
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Friday, 02 November 2007 |
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BEIJING, Oct. 31 (InfoChina) – China’ leading fabless semiconductor producer Actions Semiconductor Co., Ltd. (ACTS. Nasdaq) Wednesday promoted Patricia Chou, formerly Vice President (VP) of Finance, as its chief financial officer (CFO) to head its financial team. |
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SMIC Q3 performance lower than market expectation |
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Written by Administrator
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Friday, 02 November 2007 |
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BEIJING, Oct. 31 (InfoChina) – Semiconductor Manufacturing International Corporation (SMIC) (SMI. NYSE, 981HK:), China’s leading semiconductor foundry, Tuesday released its Q3 financial report showing a loss of 25.6 million U.S. dollars (199 million HK dollars) or 6.9 cents per ADR due to recent plummet of DRAM price, on 6.1 percent revenue growth over the same period of last year to 391.4 million U.S. dollars. |
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