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Rumor: SMIC Raises Funds to Expand Beijing Factory

China Business News, 7/09/10

Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) said in a filing yesterday that the company agreed to place up to 1.5 bln shares to no less than six subscribers at a price of HKD 0.52 per share. Read More