SMIC Q3 loss widens on slow sales
Semiconductor Manufacturing International Corp, China’s biggest chip maker, yesterday posted its sixth straight quarterly loss, as customer orders slowed amid weakening consumer demand for electronics products.
The third-quarter net loss widened to US$30.3 million, or 8.1 cents an American depositary receipt, from US$25.6 million, or 6.9 cents, a year earlier, the company said in a Hong [...]