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SMIC Reports Q4 2009 Net Loss of USD 482 Mln

PR Newswire, 2/10/10

Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) has announced its consolidated financial results for Q4 2009, with net revenues reaching USD 333.2 mln, up 22.2% year-on-year and 3.0% quarter-on-quarter.

Net loss attributable to equity holders for the quarter was USD 482.3 mln, compared to a net loss of USD 69.3 mln in Q3 2009, and a net loss of USD 124.5mln in Q4 2008.

The company estimates Q1 2010 revenues will range from flat to a 2% increase QoQ.

To see SMIC's full earnings report, please click here.

Keywords: guidance hardware loss semiconductor Q4 2009 SMI SMIC 0981.HK profit revenue fiscal report

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