SMIC 4Q08 losses due to falling fab utilization

Press release, February 6; Jessie Shen, DIGITIMES Asia Friday 6 February 2009 0

Semiconductor Manufacturing International Corporation (SMIC) has posted a net loss of US$124.5 million for the fourth quarter of 2008, due to a significant drop in fab utilization. The largest foundry service provider in China is looking to downsize...

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