SMICY News and Press, Semiconductor Manufacturing Intl Co ADR From 10/19/21

SMIC is the largest mainland China-based foundry business, as well as the biggest hope for the country to realize semiconductor self-sufficiency. Despite investing hugely in R&D, SMIC hasn't seen much progress at advanced nodes. SMIC's strategies shift to expand capacities at ...

GlobalFoundries has unveiled its filing for an initial public offering. The company was reported to have filed confidentially for a U.S. IPO in mid-August. The filing has only placeholders, but the offering could value the semiconductor maker around $25 billion. And it's applied to list on Na...

Sanctions against equipment sales to China capable of generating semiconductors with dimensions under 10nm continues under Biden. China's SMIC on the U.S. entity list, has had its high-end business stymied by the mandated cancellation of ASML’s EUV lithography. SMIC instead...

InfiRay Releases World's 1st 8 Micron Thermal Camera Detector Yantai, China, June 9, 2021 - (ACN Newswire) - InfiRay has developed the world's 1st 8 micron uncooled thermal camera detector, with a large array (1920 x 1080) and core technologies including a low noise readout ci...

The Biden administration plans to expand Trump-era bans on Chinese defense and tech companies through a new executive order set for release today. The ban would take effect on August 2.According to Washington Post sources, the order "prevents U.S. investment from supporting the Chinese defens...

United Microelectronics ([[UMC]] +4.1%), China's SMIC (SMICY), and GlobalFoundries are among the foundries expected to again raise price quotes due to the capacity shortages for 8- and 12-inch fabs, according to DigiTimes sources.The Q3 price increase will reportedly be higher than the increa...

Semiconductor Manufacturing International ADR (SMICY): Q1 Gross Profit of $250M.Revenue of $1.1B (+21.6% Y/Y)Press Release For further details see: Semiconductor Manufacturing International ADR reports Q1 results

Global semiconductor foundry revenue is expected to increase 11% on the year in 2021 to a record $94.6B, according to TrendForce.The growth will be driven by demand for telecom equipment, high performance computing, and consumer electronics, says the firm. Foundries have already moved to expa...

Strong demand tailwinds are driving revenue growth. Growth in capacity has lowered TSEM’s profitability. Model for 2021 yields a target price of $36.5 for its shares. For further details see: Tower Semiconductor: Growth In 2021 Offers A 30% Upside Potential For It...

ASML's EUV lithography system revenues are dominating its product sector with more than 45% of revenues in 2020, but sales are blocked to China. ASML's dominant share of immersion DUV, which is used between 7nm and 65nm nodes, has been eroding against Nikon in the past few years. ...