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SMIC 3Q13 sales and profits drop on quarter

Jessie Shen, DIGITIMES, Taipei 0

China-based IC foundry Semiconductor Manufacturing International (SMIC) has announced net profits of US$42.5 million on sales of US$534.3 million for the third quarter of 2013. Sales were down 1.3% on quarter while profits registered a 43.6% sequential...

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