Terrible Miss in 2Q17 to Drive More Downgrades; The Change of CEO Means a Change of Strategy?
298 Views10 May 2017 21:58
Summary
Terrible miss in 2Q17: SMIC guided 2Q17 sales of 6-3% q/q decline (vs. Bloomberg consensus' 5% q/q growth) with a 2ppts miss on a gross and...
SUMMARY
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Andrew Lu
Asia and Global Semiconductor and Tech Research
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