SMICY News and Press, Semiconductor Manufacturing Intl Co ADR From 11/11/20

SMIC Reports 2020 Third Quarter Results PR Newswire SHANGHAI, Nov. 11, 2020 All currency figures stated in this report are in US Dollars unless stated otherwise. The consolidated financial statements are prepared in accordance with...

8th Anniversary of "SMIC Liver Transplant Program" - Over 500 Children Saved PR Newswire SHANGHAI, Oct. 29, 2020 SHANGHAI , Oct. 29, 2020 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC", SSE STAR MARKET: 688981; SEHK: 00981; OTCQ...

The semiconductor industry has been hit hard by the U.S.-China trade tensions and the U.S. actions against Huawei and SMIC.In August, the U.S. Commerce Department expanded restrictions announced in May to obtain semiconductors without a special license - including chips made by foreign firms ...

SMIC went on a huge run in 2020, backed by several factors that came together to create an almost ideal environment for the company. The rally was interrupted when the U.S. government imposed new restrictions on some of SMIC's customers and then the company itself. SMIC is widely ...

TSMC dominates the semiconductor manufacturing foundry business and is expanding capex spend to further increase its lead. Leading fabless companies including Nvidia and AMD are utilizing TSMC’s state of the art technical abilities at 7nm and 5nm nodes. Intel’s move ...

SMIC Announces Third Quarter 2020 Webcast Conference Call SMIC (SSE STAR MARKET: 688981, SEHK: 981, OTCQX: SMICY) PR Newswire SHANGHAI, Oct. 12, 2020 SHANGHAI , Oct. 12, 2020 /PRNewswire/ -- Please join SMIC's earnings conference call, with: ...

TSM is the world’s largest semiconductor foundry. They enjoy technological superiority over competitors in an industry that has high barriers to entry and is expected to experience significant growth in the next few years. Based on their technological advantages, dominant m...

A U.S. sanction preventing China foundry SMIC from purchasing process equipment could mean a loss of revenues totaling $10 billion in 2020 and 2021. Capex spend cuts by memory suppliers should drop 6% in 2020, but may rise 8% in 2021 to $38 billion. Applied Materials held the larg...

Over the weekend, media reports said the U.S. Commerce Department will force domestic chip companies to apply for a license to supply to SMIC (SMICY), China's top chipmaker.KeyBanc says the news suggests "additional risk to semiconductor equipment companies and materials providers if trade wa...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Global markets churn higher on China economic data, M&A buzzGlobal markets are higher after positive data over the weekend on China industrial profit t...