Friday, February 09, 2018

SMIC CIS Sales Grow 70% YoY

SeekingAlpha publishes SMIC earnings call transcript with update on its CIS business:

"We have already pinpointed a number of key platforms to address and today I'll highlight two of them. Our NOR flash platform and CMOS image sensor platform. These two have revenue to SMIC grow almost 70% in last year, compared with the year before. We continue to build on our platform strategy and seek to expand our customers' business. We are working hard to implement this market adjustment strategy within the company."

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