Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com. With global headquarters in Singapore, STATS ChipPAC has design, research and development, manufacturing or customer support offices throughout Asia, the United States and Europe. STATS ChipPAC is a business unit of Jiangsu Changjiang Electronics Tech Co., Ltd. (JCET, unrated), a publicly-traded company on the Shanghai Stock Exchange.
SHANGHAI , Aug. 29, 2019 /PRNewswire/ -- S emiconductor Manufacturing International Corporation (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading ...
Semiconductor Manufacturing International Corporation (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2020.
SMIC (SEHK: 981, OTCQX: SMICY) SHANGHAI , July 10, 2019 /PRNewswire/ -- Please join SMIC's earnings conference call, with: Dr. Zhao Haijun , Co-Chief Executive Officer and Executive Director Dr. Liang ...
SHANGHAI, June 10, 2019 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC") (SMI) (SEHK:0981.HK), one of the leading foundries in the world, and Mainland China's largest foundry in scale, broadest in technology coverage, and most comprehensive in semiconductor manufacturing services, held its 7th Donation Ceremony of the "SMIC Liver Transplant Program". At the ceremony, SMIC announced a further donation of RMB 2.32 million to the China Soong Ching Ling Foundation for funding underprivileged children to receive liver transplant operations at Renji Hospital, for which the cumulative donation has exceeded RMB 24.8 million for the last 7 years.
All 5 stocks in this article have a Zacks Rank 2 (Buy) or better.
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The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2019. Gross profit was $151.2 million in 2Q19, an increase of 23.8% QoQ from $122.1 million in 1Q19, compared to $217.8 million in 2Q18 and $165.0 million (excluding technology licensing revenue) in 2Q18.
SHANGHAI/HONG KONG (Reuters) - Since the U.S. government put Huawei Technologies Co Ltd on a trade blacklist, effectively banning American firms from doing business with it, China's leaders have spoken boldly about achieving self-sufficiency in the critical semiconductor business. The prospectuses of Chinese chip companies preparing to list on a new tech-focussed stock exchange are blunt, characterizing the domestic industry as "relatively backward", lacking in talent and requiring "a long time to catch up". Chinese chip engineers tell tales of local manufacturing that just is not up to snuff, while analysts point out the many areas where China remains reliant on technology from the United States, Taiwan, South Korea, Japan and Europe, with some questioning whether government policies are in the right place.
As of late, it has definitely been a great time to be an investor Semiconductor Manufacturing International.
Moody's Investors Service has assigned a Baa3 senior unsecured rating to Semiconductor Manufacturing International Corporation's (SMIC, Baa3 stable) proposed bond. The proceeds from the proposed bond will be used by SMIC for capital expenditure for capacity expansion and other general corporate purposes. "The proposed notes will further enhance SMIC's solid liquidity position, and provide more financial flexibility for further business expansion," says Chenyi Lu, a Moody's Senior Credit Officer.