English
Commentary: Losing patience with SMIC
Mark LaPedus, EE Times
(07/30/2008 11:50 AM EDT)
Based on the tone of this week's conference call with industry analysts, the analyst community is simply running out of patience with China's Semiconductor Manufacturing International Corp. (SMIC).
SMIC (Shanghai) continues to change its story, blaming its problems on everybody and everything but itself.
On Monday (July 28), SMIC reported its fifth consecutive quarterly loss. And despite a massive fab expansion plan, the silicon foundry provider has failed to make a profit since its inception.
The market is still waiting for a mysterious investor, who is supposed to provide much-needed funding for SMIC. Chinese telecommunications provider Datang may buy a 20 percent stake in SMIC, according to Reuters.
As for its financial results, SMIC blamed its most recent losses on the struggling DRAM market. For some time, the company has been attempting to bail out of its loss-ridden DRAM foundry business and expand into the logic business.
(07/30/2008 11:50 AM EDT)
Based on the tone of this week's conference call with industry analysts, the analyst community is simply running out of patience with China's Semiconductor Manufacturing International Corp. (SMIC).
SMIC (Shanghai) continues to change its story, blaming its problems on everybody and everything but itself.
On Monday (July 28), SMIC reported its fifth consecutive quarterly loss. And despite a massive fab expansion plan, the silicon foundry provider has failed to make a profit since its inception.
The market is still waiting for a mysterious investor, who is supposed to provide much-needed funding for SMIC. Chinese telecommunications provider Datang may buy a 20 percent stake in SMIC, according to Reuters.
As for its financial results, SMIC blamed its most recent losses on the struggling DRAM market. For some time, the company has been attempting to bail out of its loss-ridden DRAM foundry business and expand into the logic business.
Related News
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
|
E-mail This Article | 
|
|
Printer-Friendly Page |