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Rating: SMI
Buy

Semiconductor Manufacturing International Corporation (NYSE: SMI) upgraded to Buy by BofA/Merrill

Wednesday,  Aug 12, 2015  12:25 PM ET by Betsy O'Brien Harrison

BofA/Merrill upgraded Semiconductor Manufacturing International Corporation (NYSE: SMI) to Buy.
Previously BofA/Merrill upgraded to Semiconductor Manufacturing International Corporation (NYSE: SMI) to Underperform on 04/14/2015, when the stock price was $5.62.

Semiconductor Manufacturing International Corporation (SMIC) is a holding company that operates through its subsidiaries. The Company is engaged in the computer-aided design, manufacturing, packaging, testing and trading of integrated circuits and other semiconductor services, as well as manufacturing and designing semiconductor masks. The Company?s subsidiaries include Semiconductor Manufacturing International (Shanghai) Corporation (SMIC Shanghai), Semiconductor Manufacturing International (Beijing) Corporation (SMIC Beijing) and Semiconductor Manufacturing International (Tianjin) Corporation. The Company serves a global customer base, consisting of integrated device manufacturer, fabless semiconductor companies and system companies.

BofA/Merrill



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