Semiconductor Manufacturing, Financial Review, Technology Advances and Guidance

NEW YORK, NY / ACCESSWIRE / November 28, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies, is issuing a comprehensive report with no obligation on Semiconductor Manufacturing International Corporation (NYSE: SMI), one of the leading semiconductor foundries in the world and the largest and most advanced foundry in mainland China. SMI provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometers. Headquartered in Shanghai, China, SMI has an international manufacturing and service base.

On November 14th, the company announced results for the quarter ended September 30, 2017. The company delivered another quarter of muted performance. Though it was in line with management' guidance and grew 2.5% quarter over quarter. The sequential growth came mainly from the broad-based recovery in smartphone-related shipments.

Read about SMI's recent technological advancements and get a financial review here: READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/semiconductor/.

In three years preceding 2017, SMI had grown revenue and profitability on high utilization, and in these two years, it entered a period of transition as it prepares its technology and facilities for the next stage of growth. In the near-term, the company’s growth drivers include: 28nm, flash memory, fingerprint sensors, and power management ICs. In the long-term, it works to speed up execution and focus its resources on key technology platforms, in which it strives to be the "foundry-of-choice."

The management is focusing on its investment in strategic areas that support the long-term growth, profitability, and viability of its business. With its strengthened team, focused direction, and strong position in China, SMI is expected to execute on its targets and benefit from the opportunities in the IC market.

Read about the integrated circuit market and review company guidance in this report: READ MORE.

Copy and paste into your browser may be required to view the report - http://tradersnewssource.com/semiconductor/.

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