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SMIC 2Q09 revenues to grow 60% on improved utilization

Claire Sung, Taipei; Jessie Shen, DIGITIMES 0

Semiconductor Manufacturing International Corporation (SMIC), China's largest silicon wafer foundry, has announced that revenues for the first quarter of 2009 slid 46.2% sequentially to US$146.5 million, with widened losses. But the pure-play foundry...

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