SAN JOSE, Calif. Chinese chip foundry Semiconductor Manufacturing International Corp. (SMIC) posted sales of $1.1 billion 2009, down 21 percent compared to 2008, the company said Tuesday (April 27).
SMIC (Shanghai) blamed a decrease in overall wafer shipments for the sliding sales.
The average selling price of the wafers SMIC shipped decreased by 7.5 percent in 2009 to $778, the company said. Excluding DRAM revenue, the percentage of wafer revenues that used 0.13-micron and below process technology increased from 38.2 percent to 47.5 percent between these two periods, SMIC said.
SMIC said its capacity utilization rate rose to 91.5 percent in the fourth quarter of 2009. The company said it also saw a significant growth in the revenue generated from 0.13-micron and below technology nodes.