Semiconductor Manufacturing International Corporation
SMIC is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) foundry and technology services at 0.35um to 45nm. Headquartered in Shanghai, SMIC also has customer service and marketing offices in the U.S., Europe, and Japan, and a representative office in Hong Kong.
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SMIC revises Q2 revenue guidance from 58pct to 76pct growth
Semiconductor Manufacturing International Corporation upwardly revised its Q2 revenue guidance for the three months ended June 30, to an increase of 76 percent to 78 percent, from the original guidance of an increase of 58 percent to 62 percent.
The original guidance was released on April 29th but has been revised due to strong growth in orders from the domestic market exceeded expectations.
