Edition:
United States

Semiconductor Manufacturing International Corp (SMI.N)

SMI.N on New York Stock Exchange

6.64USD
20 Oct 2017
Change (% chg)

$0.28 (+4.40%)
Prev Close
$6.36
Open
$6.64
Day's High
$6.66
Day's Low
$6.60
Volume
67,083
Avg. Vol
51,431
52-wk High
$7.73
52-wk Low
$4.51

Latest Key Developments (Source: Significant Developments)

Semiconductor Manufacturing International says ‍Liang Mong Song appointed as co-CEO
Monday, 16 Oct 2017 04:35am EDT 

Oct 16 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:‍Liang Mong Song appointed as a co-chief executive officer​.‍Zhao Haijun updated to title of co-CEO.  Full Article

Semiconductor Manufacturing International Corp says HY revenue US$1,544.3 mln
Wednesday, 30 Aug 2017 09:12am EDT 

Aug 30 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>: :HY revenue US$1,544.3 million, up 16.6 percent.HY gross profit was US$415.0 million versus US$371.6 million.  Full Article

Semiconductor Manufacturing International and related parties enter capital increase deal
Thursday, 10 Aug 2017 09:03am EDT 

Aug 10 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Co, SMIC Beijing, China ic fund, beijing semi fund, idimc, zdg, smic holdings, e-town capital,jvc enters capital increase agreement.Amended JV agreement entered into by company and its wholly-owned subsidiary SMIC Beijing, IDIMC and ZDG.Pursuant to amendment co & related parties to make cash contribution of US$1.22 billion into registered capital of JV.  Full Article

SMIC says qtrly revenue was up 8.8 pct YOY
Tuesday, 8 Aug 2017 06:59am EDT 

Aug 8 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::Revenue was $751.2 million in Q217, an increase of 8.8pct YOY from $690.2 million in 2Q16..Qtrly net profit attributable $36.271 million versus $97.643 million a year ago.In Q3 2017 co expects revenue to be flat to up by 3pct QOQ..  Full Article

Semiconductor Manufacturing International updates on July guarantee agreements
Monday, 31 Jul 2017 07:51am EDT 

July 31 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::Co entered into july guarantee agreements with Xin Cheng Leasing or Xin Dian Leasing.Agreement to provide guarantees of an aggregate amount of approximately us$125.5 million.  Full Article

Semiconductor Manufacturing International updates on capital contribution to a JV
Thursday, 20 Jul 2017 06:28am EDT 

July 20 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::SMIC-connected Transaction - Capital Contribution To A Joint Venture <<<0981.HK>>>.Co, China Ic Fund, Sino Ic Capital, and 13 independent third parties agreed to amend previous jv agreement.Agreed to raise its capital contribution obligation towards jv co as contained in previous JVA from RMB0.60 billion to RMB0.80 billion.  Full Article

Semiconductor Manufacturing International says Haijun Zhao appointed as chief executive officer
Friday, 12 May 2017 07:19am EDT 

May 12 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Haijun Zhao has been appointed as chief executive officer of company with effect from 10 may 2017.  Full Article

Semiconductor Manufacturing International updates on disposal deal
Thursday, 11 May 2017 12:09am EDT 

May 11 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Reference is made to company's announcements dated 28 April in relation to, disposal agreement.Company was notified by JCET that CSRC had granted official approval for disposal and subscription.  Full Article

SMIC posts Q1 net profit of $69.8 mln vs $61.4 mln
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>:Net profit for period attributable to SMIC was $69.8 million in 1Q17.Qtrly revenue was $793.1 million in 1Q17, a decrease of 2.7%.Sees Q2 revenue to decline by 3% to 6% qoq.Sees Q2 gross margin to range from 25% to 27%.In first half of 2017, we are confronting challenges of customer changes in market positioning.Net profit for period attributable to SMIC was $61.4 million in 1Q16.  Full Article

Semiconductor Manufacturing names Haijun Zhao as CEO
Wednesday, 10 May 2017 06:14am EDT 

May 10 (Reuters) - Semiconductor Manufacturing International Corp <0981.HK>::Semiconductor Manufacturing International - announces appointment of Haijun Zhao as CEO replacing Tzu-Yin Chiu.Tzu-Yin Chiu will continue to serve as vice chairman and non-executive director of board.  Full Article

BRIEF-Unisplendour Technology (Holdings) updates on disposal of shares

* Disposed on open market 5,177,500 SMIC shares at price between HK$9.92 to HK$10.30 per SMIC share from 9 Oct-11 Oct Source text for Eikon: Further company coverage: