Market Overview

SMIC Expects Flat Quarter-on-Quarter Revenue

Semiconductor Manufacturing International Corporation (NYSE: SMI) announced Q4 2010 guidance:

 

  • Revenue is expected to be flat quarter-on-quarter.
  • Gross margin is expected to range from 21% to 23%.
  • Operating expenses excluding foreign exchange differences are expected to range from $80 million to $84 million.
  • 2010 annual capital expenditures are expected to range from $750 million to $800 million.

 

Posted-In: News Guidance

 

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