Semiconductor Manufacturing International (SMI) 3.94

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Semiconductor Manufacturing International (SMI) 3.94 $SMI

SMIC Acquires LFoundry and Enters into Global Automotive Electronics Market
PR Newswire - Fri Jun 24, 9:54AM CDT
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China, jointly announces with LFoundry Europe GmbH ("LFE" and Marsica Innovation S.p.A. ("MI", the signing of an agreement on June 24, 2016 to purchase a 70% stake of LFoundry for a consideration of 49 million EUR. LFoundry is an integrated circuit wafer foundry headquartered in Italy, which is owned by LFE and MI. At the closing, SMIC, LFE and MI will own 70%, 15% and 15% of the corporate capital of the target respectively. This acquisition benefits both SMIC and LFoundry, through increased combined scale, strengthened overall technology portfolios, and expanded market opportunities for both parties to gain footing in new market sectors. This also represents the Mainland China IC foundry industry's first successful acquisition of an overseas-based manufacturer, which marks a major step forward in internationalizing SMIC; furthermore, through this acquisition, SMIC has formally entered into the global automotive electronics market.
SMI: 3.94 (-0.16)

SMIC Commences Successful Mass Production of Qualcomm(R) Snapdragon(TM) 425 Processor in Beijing
PR Newswire - Tue Jun 21, 9:22PM CDT
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, announces that the Snapdragon(TM) 425 processor and MDM9x07 has passed customer qualification and begun mass production in Beijing, after the successful technology transfer from SMIC's Shanghai 12-inch fab to SMIC's majority owned joint venture fab in Beijing. The successful production of 28nm Snapdragon(TM) products in Beijing represents an important step for SMIC's 28nm technology.
QCOM: 52.12 (-3.43), SMI: 3.94 (-0.16)

SMIC and Synopsys Deliver 28-nm HKMG Low-Power Reference Flow
PR Newswire - Wed Jun 08, 8:10AM CDT
Highlights:
SNPS: 52.08 (-1.85), SMI: 3.94 (-0.16)

SMIC Proposed Issue of US$450 Million Zero Coupon Convertible Bonds due 2022
PR Newswire - Tue Jun 07, 7:45PM CDT
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981)
SMI: 3.94 (-0.16)

Rambus to Buy Certain Serial Link IP Assets from Semtech
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 2:38PM CDT
Rambus Inc. (RMBS) inked a definitive agreement to buy certain serial link assets of Semtech Corporation's (SMTC) Snowbush IP for about $32.5 million.
AMD: 4.88 (-0.33), RMBS: 11.77 (-0.50), SMI: 3.94 (-0.16), SMTC: 23.16 (-1.45)

SMIC Announces its Fourth Donation of 2.55 Million Yuan for "Liver Transplant Program for Children"
PR Newswire - Mon May 30, 7:07AM CDT
Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI; SEHK: 981), China's largest and most advanced semiconductor foundry and one of the world's largest foundries, held the donation ceremony for SMIC's fourth donation to the "Liver Transplant Program for Children", declaring to donate another 2.55 million Yuan to the China Soong Ching Ling Foundation. The program has accumulatively received over 10 million RMB for sick children so far. People attending the ceremony include the SMIC Chairman Zhou Zixue, SMIC Honorary Chairman Zhang Wenyi, SMIC CEO and Executive Director Tzu-Yin Chiu, the President of Renji Hospital Li Weiping, the Secretary Guo Lian, Vice-presidents Wen Daxiang and Xia Qiang, Deputy Secretary Min Jianying, and Liu Ying, Director of the General Office of Program of the China Soong Ching Ling Foundation.
SMI: 3.94 (-0.16)

SMIC, UC-Riverside and SHRIME/PKU launch the Joint Center for ESD Protection Design
PR Newswire - Wed May 18, 4:42AM CDT
Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI; SEHK: 981), China's largest and most advanced semiconductor foundry and one of the world's largest foundries, University of California, Riverside ("UCR", and Shanghai Research Institute of Microelectronics, Peking University ("SHRIME/PKU", jointly announced the opening of "the SMIC-UCR-SHRIME/PKU Joint Center For ESD Protection Design" ("ESD Center". Prof. Yangyuan Wang, an Academician of the Chinese Academy of Sciences (CAS) and former Chairman of the Board of Directors of SMIC, and Dr. Tzu-Yin Chiu, the SMIC CEO, jointly inaugurated the ESD Center at its opening ceremony. Dr. Tianshen Tang, Senior VP of SMIC, Prof. Albert Wang, Director of the Integrated Circuit and System Laboratory at UCR, Prof. Yuhua Cheng, Dean of SHRIME/PKU and other guests from the industry participated in the opening ceremony.
SMI: 3.94 (-0.16)

SMIC Reports 2016 First Quarter Results
PR Newswire - Thu May 12, 6:48AM CDT
Semiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981) ("SMIC" or the "Company", one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2016.
SMI: 3.94 (-0.16)

SMIC Announces First Quarter 2016 Webcast Conference Call
PR Newswire - Thu Apr 28, 9:57PM CDT
Please join SMIC's earnings conference call, with:
SMI: 3.94 (-0.16)

Rambus (RMBS) Q1 Earnings Top, Stock Falls on Weak View
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 7:17AM CDT
Rambus Inc.'s (RMBS) first-quarter 2016 adjusted earnings per share (including stock-based compensation but excluding all one-time items) of 11 cents came ahead of the Zacks Consensus Estimate of 9 cents.
AMD: 4.88 (-0.33), RMBS: 11.77 (-0.50), SMI: 3.94 (-0.16), LXK: 37.40 (-0.58)

SMIC Wins Mirror Post "Outstanding Corporate Social Responsibility" Award for the Third Time
PR Newswire - Wed Mar 30, 3:30AM CDT
Semiconductor Manufacturing International Corporation ("SMIC" (NYSE: SMI; SEHK: 981) the largest and most advanced pure-play foundry provider in China has received the Outstanding Corporate Social Responsibility (CSR) Award for a third consecutive year in the Fifth Annual Outstanding CSR Award Ceremony hosted by Hong Kong's Mirror Post. Hong Kong's Chief Executive, Mr. Leung Chun-Ying, was at the awards ceremony to present the awards.
SMI: 3.94 (-0.16)

Rambus Up to Strong Buy: Should it Be in Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Thu Mar 10, 10:50AM CST
On Mar 9, 2016, Zacks Investment Research upgraded Rambus Inc. (RMBS) to a Zacks Rank #1 (Strong Buy).
AMD: 4.88 (-0.33), IBM: 146.59 (-8.76), RMBS: 11.77 (-0.50), SMI: 3.94 (-0.16)

SMIC Announces Fourth Quarter 2016 Webcast Conference Call
PR Newswire - Tue Jan 19, 5:27PM CST
Please join SMIC's earnings conference call, with:
SMI: 3.94 (-0.16)

Stocks to Buy on China PMI Market Crash
David Bartosiak - Zacks Investment Research - Tue Jan 05, 3:34PM CST
Maybe this is actually a great buying opportunity for the right Chinese stocks. Think solar.
SOL: 1.19 (-0.05), JASO: 6.51 (-0.30), SMI: 3.94 (-0.16), JKS: 20.03 (-0.84), HQCL: 14.03 (-0.60)

Is Demand Media (DMD) Worth Adding to Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Mon Dec 28, 3:05PM CST
On Dec 26, Zacks Investment Research upgraded Demand Media, Inc. (DMD) to a Zacks Rank #1 (Strong Buy).
YHOO: 36.24 (-1.54), DMD: 5.29 (+0.05), SMI: 3.94 (-0.16), NVDA: 45.73 (-2.76)

Investors' Radars Failed to Catch Semiconductor Manufacturing International (SMI), Has Yours?
Zacks Equity Research - Zacks Investment Research - Tue Dec 15, 7:33AM CST
Semiconductor Manufacturing International has a solid Zacks rank and is well positioned for a solid gain but has been overlooked by investors lately
SMI: 3.94 (-0.16)

Surging Earnings Estimates Signal Good News for Semiconductor Manufacturing International (SMI)
Zacks Equity Research - Zacks Investment Research - Thu Dec 10, 7:56AM CST
Semiconductor Manufacturing International is seeing solid activity on the earnings estimate revision front, and the stock has also started to move higher lately, adding 9.3% over the past four weeks
SMI: 3.94 (-0.16)

SMIC and M31 Introduce Differentiated IP Solutions for Various Storage Controller Applications
PR Newswire - Thu Dec 10, 2:30AM CST
Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI; SEHK: 981), the largest and most advanced pure-play foundry provider in China, and M31 Technology Corporation, a professional silicon intellectual property (IP) provider jointly announced today that SMIC will expand its IP portfolio with M31's differentiated high speed interface IP solutions. The technology will target solid-state drive (SSD), Universal Flash Storage (UFS), and USB applications markets, and roll out a variety of IP solutions for storage controller applications. Based on SMIC's logic processes from 110nm to 28nm, the storage controller application platform is capable of providing products with low power consumption, high performance, and compact die size to customers; while at the same time bring more differentiated applications to SMIC's technology platforms.
SMI: 3.94 (-0.16)

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