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SMIC Expects First 28nm Revenue by Year End
2015-08-12 16:04:45| Electronics - Topix.net
Semiconductor Manufacturing International Corp. , China's largest foundry, said Wednesday that it expects to make its first sales of 28nm products by the end of this year. The company will start commercial production of its most advanced technology node in the third quarter and expects its first revenue contribution from 28nm in the fourth quarter of 2015, SMIC CEO Tzu-Yin Chiu said on a conference call to announce the company's second-quarter results.
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SMIC Expects First 28nm Revenue by Year End
2015-08-12 15:39:28| Semiconductors - Topix.net
Semiconductor Manufacturing International Corp. , China's largest foundry, said Wednesday that it expects to make its first sales of 28nm products by the end of this year. The company will start commercial production of its most advanced technology node in the third quarter and expects its first revenue contribution from 28nm in the fourth quarter of 2015, SMIC CEO Tzu-Yin Chiu said on a conference call to announce the company's second-quarter results.
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Delta Air beats second-quarter profit estimates, expects unit revenue drop
2015-07-15 16:34:13| Airlines - Topix.net
Delta Air Lines Inc on Wednesday reported that second-quarter profit jumped 85 percent, topping expectations, but forecast a third-quarter drop in unit revenue as the carrier continued to see weaker demand abroad due to the strong U.S. dollar. The Atlanta-based airline earned $1.49 billion in the last quarter versus $801 million a year ago.
Valeant Pharma expects 3Q revenue to top forecasts
2014-09-25 00:03:23| Biotech - Topix.net
Shares of Valeant Pharmaceuticals International Inc. climbed Wednesday after the Canadian drugmaker said it expects market share gains in most of its businesses and that its third-quarter revenue will top forecasts. The drugmaker also said it expects 10 percent growth from the established business of its contact lens maker Bausch + Lomb, a target of criticism in Valeant's on-going takeover battle with Botox-maker Allergan Inc. Allergan has rebuffed several takeover bids from Valeant over the past few months, the latest amounting to about $53 billion.
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Verizon expects margin and revenue increases
2014-02-24 19:50:16| Telecom - Topix.net
Verizon Communications said Monday that it's poised to expand its profit margins and increase revenue this year following the completion of its acquisition of Vodafone Group PLC's 45 percent stake in its wireless division.
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