Citing low trading volume, Shanghai-based Semiconductor Manufacturing International Corporation (SMIC) notified the New York Stock Exchange of its intend to delist its American depositary shares (NYSE: SMI). The delisting of the ADSs from the NYSE is expected to become effective around June 13, 2019.
SMIC provides integrated circuit (IC) foundry and technology services on process nodes from 0.35 micron to 28 nanometer. It is the largest...
