SMIC Reports 2020 Fourth Quarter Results
All currency figures stated in this report are in US Dollars unless stated otherwise.
The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ( IFRS ).
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SHANGHAI, Feb. 4, 2021 /PRNewswire/ Semiconductor Manufacturing International Corporation (SSE STAR MARKET: 688981; SEHK: 00981;OTCQX: SMICY) ( SMIC , the Company or we ), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended December 31, 2020.
20
Quarter Highlights
Revenue was $981.1 million in 4Q20, compared to $1,082.5 million in 3Q20 and $839.4 million in 4Q19.
Gross profit was $176.8 million in 4Q20, compared to $262.0 million in 3Q20 and $199.4 million in 4Q19.
Asian Market Rally Stalls But Vaccine, Stimulus Hopes Lend Support
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Thursday, 04 Feb 2021 03:43 PM MYT
Hong Kong and Shanghai sank more than one per cent initially though they pared the losses as the afternoon wore on. Reuters pic
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HONG KONG, Feb 4 Asian markets slipped Thursday as investors took a breather after a broad three-day rally, though upbeat data, stimulus hopes and signs of improvement on the coronavirus and vaccine fronts continued to provide strong support.
An upbeat outlook for the global economy pushed oil prices higher, with top producers sounding a note of optimism for demand this year as lockdowns are eased and activities slowly resume.
Samsung to rank fourth in 2021 in chip fabrication capacity for matured nodes
Samsung is currently the world’s largest memory chip maker and the second-largest semiconductor firm by revenue. However, in terms of foundry capacity share for matured nodes, the company is projected to rank fourth globally. Matured or legacy nodes refer to 40nm or older chip fabrication technologies.
According to
Counterpoint Research, Samsung will rank fourth in fabrication capacity for matured nodes. It will rank behind industry leader TSMC (Taiwan Semiconductor Manufacturing Company), which is predicted to have a 28% share of the global chip fabrication capacity. UMC (United Microelectronics Corporation) is predicted to have a 13% share, while SMIC (Semiconductor Manufacturing International Corporation) could have an 11% share in legacy node production capacity.
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