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SMIC CEO: China foundry vendor back on track

10/9/2010 03:43 AM EDT
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Saranya Til
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re: SMIC CEO: China foundry vendor back on track
Saranya Til   10/11/2010 9:33:19 AM
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yeah exactly i do agree with you, they want to diversify intensively in all fields.

mark.lapedus
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re: SMIC CEO: China foundry vendor back on track
mark.lapedus   10/10/2010 2:09:50 PM
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If or when a downturn hits again, many see TSMC buying SMIC. TSMC already owns 10% of SMIC. Comments out there?

paul.delamusica
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re: SMIC CEO: China foundry vendor back on track
paul.delamusica   10/10/2010 7:00:08 AM
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We can't assume that SMIC will always be the only story in town. China is reported to have allocated $25B for the IC industry. A different company with a better market story, a better understanding of China's special needs, and having a more cohesive, localized team might become the new focus for government support. We will see.

KB3001
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re: SMIC CEO: China foundry vendor back on track
KB3001   10/9/2010 11:17:30 PM
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The Chinese will not allow it to fail and they have the cash to ensure that.

goafrit
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re: SMIC CEO: China foundry vendor back on track
goafrit   10/9/2010 10:47:41 PM
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I agree with you. China is a state capitalism and it is not possible that anyone can allow any of those quasi state firms to collapse. I think this firm will be reinvigorated and will become a major competitor. Think of TSMC in coming years.

pixies
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re: SMIC CEO: China foundry vendor back on track
pixies   10/9/2010 7:55:50 PM
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Chinese government will not let SMIC to fail, even it never makes money in the long term.

unknown multiplier
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re: SMIC CEO: China foundry vendor back on track
unknown multiplier   10/9/2010 4:56:43 AM
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I think Intel may consider moving into foundry, just like Samsung. So that would be even worse for SMIC.

mark.lapedus
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re: SMIC CEO: China foundry vendor back on track
mark.lapedus   10/9/2010 4:01:25 AM
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Will SMIC survive in the long term? Thoughts out there...

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