Fexon Technology Ltd  and Star East Technology Ltd blog  

Fexon Technology Ltd reports: Zhangjiang Park Tower Semiconductor Manufacturing International Corp., a large number of flying the banner, it seems that in promoting its international company's reputation. As the world's third largest chip foundry SMIC (00981. HK), the last day but some ups and downs.

By the end of March to introduce strategic investors, a notice was once so that SMIC shares rose to the biggest gain since listing. But by the end of April and the annual report issued by the first-quarter earnings report to the number of losses, did not meet analysts expectations.

SMIC has attracted media attention. April 2004 in the Hong Kong stock market's initial public offering Poxian vulnerable, be interpreted as the end of the stock market prosperity, when it increased in Beijing, a 12-inch wafer plant, built in Tianjin, another 8-inch plant (to complement it in Shanghai 3) and Chengdu in the construction of a test and assembly plants, the company was considered over-expansion. Even so, its revenue in four years on the only rose to 1 billion U.S. dollars, making it in any place ever be regarded as one of the fastest-growing companies.(Fexon Technology Ltd)

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