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NEWS TAGGED SMIC
Wednesday 10 March 2010
SMIC to cut 10% of employees
Semiconductor Manufacturing International Company (SMIC), China's top foundry chipmaker, plans to downsize 10% of its workforce in a move to accelerate its progress towards profitability,...
Thursday 11 February 2010
SMIC to raise 2010 capex, eyes return to profitability
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....
Thursday 11 February 2010
Taiwan government allows wafer foundries to take shares of rival companies in China
The Taiwan government has further eased its rules governing cross-strait investments by allowing Taiwan-based wafer foundries to acquire or make equity investment in China-based foundries...
Wednesday 10 February 2010
SMIC confirms investment talks
Semiconductor Manufacturing International Corporation (SMIC) has confirmed it is in talks with a potential investor regarding a possible capital injection plan. The investor is looking...
Wednesday 10 February 2010
SMIC 4Q09 losses widen
Semiconductor Manufacturing International Corporation (SMIC) has reported net losses of US$482.3 million for the fourth quarter of 2009 compared to losses of US$124.5 million a year...
Wednesday 3 February 2010
SMIC mass producing smart card chips for SHHIC
Semiconductor Manufacturing International Corporation (SMIC) has announced successful commercial production of a high-end contactless smart card chip designed by Shanghai Hua Hong...
Tuesday 2 February 2010
Taiwan niche memory IC makers to see strong 1Q10
Taiwan-based niche memory IC makers Etron Technology, Elite Semiconductor Memory Technology (ESMT) and Zentel Electronics are expected to see first-quarter 2010 revenues remain almost...
Tuesday 2 February 2010
SMIC appoints former Chartered executive as new COO
Semiconductor Manufacturing International Corporation (SMIC) has confirmed that it has hired Simon Yang, the former senior VP of fab operations and chief technology officer at Chartered...
Tuesday 26 January 2010
TSMC chairman's visit to Shanghai sparks speculation
Morris Chang, chairman and CEO of Taiwan Semiconductor Manufacturing Company (TSMC), visited Shanghai last week, sparking speculation that he had been invited by the Chinese city's...
Monday 25 January 2010
SMIC quits SDRAM manufacturing, says paper
Semiconductor Manufacturing International (SMIC) will stop manufacturing specialty DRAM (SDRAM) chips since January 2010, and completely withdraw from the DRAM foundry business, according...
Friday 22 January 2010
Shanghai government to invest in new HHNEC-GSMC 12-inch fab
The Shanghai municipal government will invest 4.5 billion yuan (US$658.7 million) in a new 12-inch (300mm) wafer fab to be built by a joint venture of Hua Hong NEC (HHNEC) and Grace...
Thursday 7 January 2010
Spansion to strengthen ties with Taiwan backend partners, says executive
Spansion intends to enhance cooperation with its Taiwan-based partners such as Powertech Technology (PTI) and Siliconware Precision Industries (SPIL) in 2010, according to John Nation,...
Wednesday 30 December 2009
SMIC Wuhan fab to expand foundry services
Wuhan Xinxin Semiconductor Manufacturing, a 12-inch fab managed by Semiconductor Manufacturing International Corporation (SMIC), has revealed plans to expand from memory chip manufacturing...
Monday 28 December 2009
Fab tool supplier Gudeng gears up for 450mm wafer transition
Taiwan's Gudeng Precision Industrial, a semiconductor front-end equipment manufacturer mainly specializing in mask solution products, has been involved in the industry's efforts in...
Wednesday 23 December 2009
SMIC aims to make profit in 2010, says acting CFO
China-based foundry Semiconductor Manufacturing International Corporation (SMIC) has seen tight capacity at its 12-inch fabs and orders for advanced processes heat up, according to...
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