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SMIC posts narrower 1Q12 loss

Jessie Shen, DIGITIMES, Taipei 0

Semiconductor Manufacturing International (SMIC), China's largest silicon wafer foundry, saw its quarterly net loss improve to US$42.8 million in first-quarter 2012 from US$165.2 million in the prior quarter. Revenues grew 14.9% on quarter to US$332.7...

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