Performance of IPO of Semiconductor Manufacturing International Corporation

corporationorate Profile of semiconductor unit Manufacturing International alliance In less than four years, Semiconductor Manufacturing International Corp (SMIC) has become Chinas largest and the worlds fifth-largest chip maker and it incorporated the countrys high-tech aspirations. effected in 2000, SMIC is headquartered in move. It has a backbreaking Research and ripening Team which is made up of experient engineers from North America, Europe and Asia, and a network of leading external technology and manufacturing partners. Being an external corporation, SMIC has customer service and trade offices in China, the U.S., Europe and Japan, and partners in Korea and Israel. SMICs biggest customers argon based out of doors of China. Its top five clients finally year were global heavyweights Samsung Electronics Corp, Toshiba Corp, Infineon Technologies AG, Texas Instruments Inc and Broadcom Corp. In melodic line with its strategic growth and development, SMIC, which is 11.4 per cent-held by U.S. tech giant Motorola, formulates to utilise the initial offering this year to expand capacity at its Shanghai specify and to build chip foundries in Beijing. SMICs Hong Kong and New York leaning is the worlds ternary largest of 2004. Credit Suisse First Boston and Deutsche Bank ar underwriting the IPO, which could shelter SMIC at up to $7.5 billion based on its plan to sell 20-25 percent of its equity. Vital Statistics for SMIC Date Incorporated         April 2000 revenue (2Q04)         US$221.

0 gazillion Total Assets (2Q04)         US$4,329 million Glob al Presence         China, Japa! n, Europe and the United States This paper aims to hollo the cover impairment movement after the IPO and choke a critical commentary about the stock work. The performance is in any case benchmarked against the theories predicting IPO share prices. outline for the moving of the stock price is also available. Here are some of the financial highlights of the company: Semiconductor Makers Shares molt in HK Stock Debut... If you want to get a intact essay, regularize it on our website: BestEssayCheap.com

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