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SMIC posts larger loss in 4Q11

Jessie Shen, DIGITIMES, Taipei 0

Semiconductor Manufacturing International (SMIC), China's largest contract chipmaker, saw its net losses widen to US$165.6 million in the fourth quarter of 2011 from US$88.1 million in the prior quarter, with revenues slipping 5.6% sequentially to US$289.6...

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