Semiconductor Manufacturing International Corp traded at 67.65 this Monday August 24th, decreasing 4.85 or 6.69 percent since the previous trading session. Looking back, over the last four weeks, Semiconductor Manufacturing International lost 4.25 percent. Over the last 12 months, its price rose by 17.04 percent. Looking ahead, we forecast Semiconductor Manufacturing International Corp to be priced at 70.20 by the end of this quarter and at 63.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
Semiconductor Manufacturing International Corp is a holding company that is primarily engaged in the manufacture and sale of integrated circuits. The Company is primarily engaged in the manufacture and testing of semiconductor integrated circuit wafers. The Company also provides integrated circuit-related development, design and technical services, photomask manufacturing, testing and sales of self-produced products, and other services. The semiconductors include silicon wafers and various types of compound semiconductors. The Company''s products are sold at home and abroad, including the United States, Europe and Asia.