SMIC Reports 2018 Second Quarter Results

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Semiconductor Manufacturing (SMI) Reports Q2 Revenues Above Consensus

August 9, 2018 6:26 AM EDT

Semiconductor Manufacturing (NYSE: SMI) reported Q2 revenue for the quarter came in at $890.7 million versus the consensus estimate of $884.54 million.

Dr. Zhao Haijun and Dr. Liang Mong Song, SMIC's Co-Chief Executive Officers commented, "SMIC is in a period of transition and preparation. We are making encouraging progress in... More