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,
Zhang said the company would invest 700 million U.S dollars in the Shanghai factory this year and the expenditure would be less the next year.
According to the company’s prediction, the forth quarter would see a 2-5 percent climb in total sales. (Edited by Zhu Zhu, )
China Stock News 
