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SMIC to raise 2010 capex, eyes return to profitability

Claire Sung, Taipei; Jessie Shen, DIGITIMES Asia 0

Semiconductor Manufacturing International Company (SMIC), China's top foundry chipmaker, has set a capex budget of US$330 million for 2010 compared to US$189.6 million last year. Company CEO David NK Wang said SMIC is aiming for its return to profitability...

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