Marbridge Daily

<- May 19, 2008 ->

Rumor: SMIC Lands Private Equity Investment

Sina Tech, 5/19/08

A source says that chip manufacturer Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) has successfully attracted a major American private equity fund to make a strategic investment of USD 600 mln in exchange for more than a 20% share of SMIC stock. The agreement will be signed in late June, at the earliest.

 

Keywords: funding, 0981.HK, hardware, semiconductor, SMI, SMIC

Please note, all fields are required.
None of your personal information will be shared with third parties.

Please enter your name

Please enter a valid email address
(City, Country)
Please enter your location


You need to enter a message

SECTIONS

Index Telecom Wireless Internet Television Hardware & Software
Drop Shadow