Monday, July 28, 2008
SMIC posted a loss of $45.6 million for the second quarter, compared with a loss of $2.05 million a year earlier.SMIC 's revenue have declined 8.5 percent to $342.9 million.
SMIC has said it decided in the first quarter to exit the commodity dynamic random access memory (DRAM) business, which has been pummeled by sharp price declines in the global computer memory chip market.
By: DocMemory
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