LONDON – Foundry chip maker Semiconductor Manufacturing International Corp. (Shanghai, China) has raised its guidance for financial performance in the first quarter of 2012.
The company is now predicting a sequential increase in revenue of 14 to 15 percent, up from the original guidance given out with the company's 4Q11 financial results, of a sequential increase of 7 to 9 percent.
"Since the release of our original guidance, we have seen solid order momentum and an improved outlook from our customers across the board, exceeding our earlier expectations," said Gary Tseng, chief financial officer of SMIC, in a statement.
The company is also raising first quarter 2012 gross margin guidance to between 10 and 12 percent, up from the original guidance of between 4 and 7 percent, due to the increased loading of the company's fabs.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.