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Commentary: What's next for troubled SMIC?

Commentary: What’s next for troubled SMIC?
11/11/2009 02:00 AM EST
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will99878898
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re: Commentary: What's next for troubled SMIC?
will99878898   11/20/2009 1:13:53 AM
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ok, most of the companies are profit driven. they do all kinds of nasty things to make money . like intel 's recent case and ms , etc . you r a bit naive here , they ll just pretend ignorant, like they ll abuse their workers if they could in some less free country . you need consult with your pastor for moral issues .

mark.lapedus
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re: Commentary: What's next for troubled SMIC?
mark.lapedus   11/20/2009 12:14:11 AM
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It doesn't matter if customers knew! Wow! That's a damaging statement.

aquitaine
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re: Commentary: What's next for troubled SMIC?
aquitaine   11/19/2009 2:16:31 PM
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Given some of your comments on previous China related issues it is easy to have the perception you are a china basher. In this case it was just sensationalism. In anycase I'm not so sure it would have mattered if SMIC's customers knew, because even if they did they still would have done business with SMIC anyway. None of those companies you listed are corporate police.

mark.lapedus
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re: Commentary: What's next for troubled SMIC?
mark.lapedus   11/19/2009 6:10:30 AM
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For the 100th time, I'm not a China basher. I am not a SMIC basher. I call it as I see it. I just want to know if SMIC's customers knew about SMIC's bad business practices.

will99878898
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re: Commentary: What's next for troubled SMIC?
will99878898   11/18/2009 2:20:55 PM
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clearify some misunderstanding, 1. Chang is younger than the successor and much ... younger than TSMC 's CEO. 2. He did a good job of setting up the foundation but seems don't know much about independent R&D. 3. All the key ppl involved are from Taiwan or italy , so it has nothing to do with chinese morality. 4. ironically, Chang is famous for being a dedicated christian. 5. He is very sinful, can't help of falling .... again. 6. SMIC has clear direction... serve the local /global semi-community.

will99878898
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re: Commentary: What's next for troubled SMIC?
will99878898   11/18/2009 2:08:06 PM
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actually some chinese goverment run company are ok, like China mobile, etc.

ivanlch
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re: Commentary: What's next for troubled SMIC?
ivanlch   11/18/2009 12:10:51 AM
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China has resources but should not be squandered away in a company that does not present clear strategic directions and plans for profitability. Writing off losses as a plan will only make things worse, as with numerous other government-run enterprises.

aquitaine
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re: Commentary: What's next for troubled SMIC?
aquitaine   11/16/2009 4:32:40 PM
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Will, this doesn't seem to be a case of China hating but just simple sensationalism. In anycase the old CEO is gone, so we can expect some important changes in the company during the next few years.

will99878898
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re: Commentary: What's next for troubled SMIC?
will99878898   11/16/2009 10:25:02 AM
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you crazy china hater. chinese goverment can easily write off this loss through some state company, as long as SMIC can deliver what they want, leading edge semi-tech. this is a normal and reasonable shift for smic as you ll see in the future. Chang's background is 2 low ( ny state ms. + 4 th tier college phd) as everyone can tell, he's main talent is building new fabs. (5 or 6 ...) his IQ can't support any real R&D effort, so he has to leave to see any real improvement here. with new CEO take over you ll see quick improvement. as china has all the resources. you are a very dark and ignorant person, but i ll come and enlight you from time to time.

aquitaine
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re: Commentary: What's next for troubled SMIC?
aquitaine   11/16/2009 2:14:53 AM
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According to Business Week: "In a surprising turn, SMIC also announced the Taiwanese company would take a 7.2% stake in SMIC, with a warrant for an additional 2.8%. SMIC took pains to assure outsiders that it will be business as usual, even with its primary foe now on board. "TSMC will not be granted representation on SMIC's Board of Directors?and will not be involved in the day-to-day operations of SMIC," the Shanghai company said in a statement. "TSMC is welcomed as a new shareholder."" While that is a hefty loss to be sure, it certainly doesn't look like it's "losing its independence" and doesn't look like it is "finished".

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