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What is SMIC doing?
Datang is the major shareholder of this company, but it is not a state-owned enterprise;
With the word "international" in its name, it is intricately intertwined with junk from Taiwan and South Korea. Employees, they came early and became leaders early. Ordinary Chinese people who throw away their second hooks can only work hard. There was a relaxed life in the past. In recent years, the technology department has been really busy. Some other departments, in order to Show that you are busy, and your boss will ask you to work overtime even if you have nothing to do.
Now TSMC owns a lot of shares in this company, but it was obtained through litigation and there is no cordial relationship. Do you think this company is in an awkward position now?
Since its establishment, it has been losing money and not making a profit for many years. It makes a small amount of profit every three to five years. At the end of 2016, 10 shares of the stock were combined into 1 share, which is equivalent to being downgraded.
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