Semiconductor Manufacturing International Corporation
Recent events
Recent events tied to this brand in public sources.
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2021
SMIC appoints an acting chairman
SMIC said Zhou Zixue resigned as chairman for personal health reasons, and appointed CFO and company secretary Gao Yonggang as acting chairman.
2021
SMIC proposes a joint venture to build a wafer fab
SMIC proposed forming a joint venture with the Lingang New Area Administrative Committee to build a 12-inch wafer fab with monthly capacity of 100,000 wafers and an estimated total investment of about $8.87 billion.
2021
SMIC announces Shanghai factory and capacity expansion plan
SMIC announced plans to establish a factory in Shanghai and expand capacity for mature-process chips; the source describes these as announcements, not completed work.
2021
Zhou Zixue resigns as SMIC chairman
SMIC announced that Chairman and Executive Director Zhou Zixue resigned as chairman and chair of the board's nomination committee for personal health reasons, effective immediately, while continuing as an executive director.
2021
SMIC announces planned sale of its stake in SJ Semiconductor
SMIC announced that it plans to transfer all of its equity interest in subsidiary SJ Semiconductor, representing approximately 55.87% of the target company's issued share capital, to six buyers under share-transfer agreements.
2021
SMIC announces audited 2020 annual results
Semiconductor Manufacturing International Corporation announced its consolidated results for the year ended December 31, 2020. It reported revenue of US$3,907.0 million, up 25.4% from 2019.
2021
SMIC removed from OTCQX
OTC Markets Group notified Semiconductor Manufacturing International Corporation (SMIC) that its securities would be removed from OTCQX at the close of trading on January 6, making them unavailable for quotation or trading on OTC Link ATS.
2020
SMIC independent director resigns
SMIC announced that independent non-executive director Jing Sheng Cong resigned, effective December 31, 2020, citing recent U.S. attention to the company.
2020
SMIC and XinXin Leasing sign a framework agreement
SMIC and XinXin Leasing signed a five-year framework agreement under which XinXin Leasing will provide financial-related and other services to SMIC from January 1, 2021, through December 31, 2025.
2020
SMIC and SMIC North sign three-year framework agreement
SMIC and SMIC North signed a three-year framework agreement covering supplies of goods, services, asset leasing and transfers, technology licensing, and guarantees. The agreement is scheduled to run from January 1, 2021 to December 31, 2023.
2020
SMIC and SMIC North sign a three-year framework agreement
On September 2, 2020, SMIC and SMIC North signed a three-year framework agreement covering supply of goods, services, asset leasing and transfers, technology licensing, and guarantees. The agreement runs from January 1, 2021, through December 31, 2023.
2020
SMIC IPO enters inquiry stage
SMIC's planned listing on China's STAR Market entered the inquiry stage on June 4, three days after its initial offering application was accepted.
2020
SMIC agrees with funds on SMIC South capital increase
On May 15, SMIC said its subsidiary SMIC Holdings and four national and Shanghai integrated-circuit funds entered into a new joint-venture contract and capital-increase agreement for SMIC South. The agreements provide for additional investment and establish a partnership with the funds.
2020
SMIC South agrees to a capital increase
On May 15, SMIC Holdings and four integrated-circuit industry funds entered into a new joint-venture contract and capital-increase agreement. SMIC Holdings agreed to make a further capital contribution, while the two newly joining funds agreed to contribute US$1.5 billion and US$750 million to SMIC South's registered capital.
2020
SMIC subsidiary agreed capital expansion with investors
SMIC Holdings entered into a new joint venture contract and capital-increase and share-expansion agreement with China Integrated Circuit Industry Investment Fund entities and Shanghai integrated-circuit funds. SMIC Holdings agreed to make a further capital contribution, while two new investors agreed to contribute $1.5 billion and $750 million to the registered capital of SMIC South.
2020
SMIC reports record first-quarter revenue
SMIC released unaudited results for the three months ended March 31, 2020, reporting revenue of $905 million, up 8% quarter over quarter and 35% year over year, a quarterly record.
2020
SMIC announces plan to apply for a Shanghai STAR Market listing
SMIC announced that it would apply to issue RMB shares and list on the Shanghai Stock Exchange's STAR Market, subject to market conditions, shareholder approval and required regulatory approvals. The proposed offering was up to 1.686 billion new shares.
2020
IFT files patent infringement lawsuit against SMIC, Broadcom, Cypress Semiconductor, and DISH Network
Innovative Foundry Technologies (IFT) announced that it filed a patent infringement lawsuit against SMIC, Broadcom, Cypress Semiconductor, and DISH Network in the U.S. District Court for the Western District of Texas. IFT accused the defendants of infringing four of its patents; the allegations are not presented as a court determination.
2019
SMIC releases third-quarter 2019 financial results
SMIC announced its third-quarter 2019 financial results, reporting sales of $816.5 million, up 3.2% from the prior quarter.
2019
SMIC enters 14 nm FinFET mass production
SMIC said its 14 nm technology platform completed development and customer introduction and entered mass production in 2019. The first-generation 14 nm FinFET technology contributed about 1% of wafer revenue in the fourth quarter of 2019.