China foundry SMIC suffers record operating loss in 2008; to cut capex

Claire Sung, Taipei; Jessie Shen, DIGITIMES Asia Tuesday 21 April 2009 0

Semiconductor Manufacturing International Corporation (SMIC), China's largest silicon wafer foundry, experienced its largest net operating loss over the past five years in 2008. The company posted a loss of US$440 million, compared to an operating loss...

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