Semiconductor Manufacturing (SMI) Reports Q2 Revenues Above Consensus
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SMIC Reports 2018 Second Quarter Results
August 9, 2018 6:22 AM EDTAll currency figures stated in this report are in US Dollars unless stated otherwise.
The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS").
SHANGHAI, Aug. 9, 2018 /PRNewswire/ --Â Semiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2018.
Second Quarter 2018 Highlights
Revenue was $890.7 million in 2Q18, an increase of 7.2% QoQ from $831.0 million in 1Q18... More