Shanghai, China – March 15, 2012 – Dr. Shiuh-Wuu Lee, Vice President of Technology Development at Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 0981.HK), China’s largest and most advanced semiconductor foundry, attended the “IC Market China 2012” summit held in Suzhou on March 15th. Dr. Lee engaged in discussions with government officials, local and global semiconductor companies, and leading research institutes, on the topics of “the challenges of responding to market fluctuations” and “working together to fulfill the 12th Five Year Plan.”
Dr. Shiuh-Wuu Lee’s discussion topic was entitled: “How China’s semiconductor manufacturing companies use innovation to overcome challenges, and how to effectively implement customization.” Dr. Lee discussed the challenges currently facing the industry, and explained SMIC’s development goals and innovative use of differentiated technology and production.
Furthermore, Dr. Lee called on the government to focus its resources on supporting key targets. He said, “The semiconductor industry is not only a technology-intensive industry, it is also a capital-intensive industry. To face and overcome challenges requires the government’s resources and support. If resources are scattered, then little can be accomplished. I hope that the government can select appropriate targets behind which to concentrate its support so that resources are allocated for maximum effectiveness. In addition to supporting key players in the industry, it is very important to have government policies that encourage the formation of a common-interest-based ecosystem from domestic foundries, downstream packaging houses, and fabless design companies to IP and EDA suppliers that are mutually supportive.”
In addition, Dr. Lee will deliver a presentation about SMIC’s 2.5/3D technology on March 21st at SEMICON China 2012.
About SMIC
Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, and a 200mm fab under construction in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation.
For more information, please visit www.smics.com
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC’s current assumptions, expectations and projections about future events. SMIC uses words like “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC’s actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements, including among others risks associated with the press release, the current global financial crisis, orders or judgments from pending litigation and financial stability in end markets. Investors should consider the information contained in SMIC’s filings with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F filed with the SEC on June 28, 2011, especially in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections, and such other documents that SMIC may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as may be required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Dr. Shiuh-Wuu Lee’s discussion topic was entitled: “How China’s semiconductor manufacturing companies use innovation to overcome challenges, and how to effectively implement customization.” Dr. Lee discussed the challenges currently facing the industry, and explained SMIC’s development goals and innovative use of differentiated technology and production.
Furthermore, Dr. Lee called on the government to focus its resources on supporting key targets. He said, “The semiconductor industry is not only a technology-intensive industry, it is also a capital-intensive industry. To face and overcome challenges requires the government’s resources and support. If resources are scattered, then little can be accomplished. I hope that the government can select appropriate targets behind which to concentrate its support so that resources are allocated for maximum effectiveness. In addition to supporting key players in the industry, it is very important to have government policies that encourage the formation of a common-interest-based ecosystem from domestic foundries, downstream packaging houses, and fabless design companies to IP and EDA suppliers that are mutually supportive.”
In addition, Dr. Lee will deliver a presentation about SMIC’s 2.5/3D technology on March 21st at SEMICON China 2012.
About SMIC
Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the world and the largest and most advanced foundry in Mainland China, providing integrated circuit (IC) foundry and technology services at 0.35-micron to 40-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and three 200mm wafer fabs in its Shanghai mega-fab, two 300mm wafer fabs in its Beijing mega-fab, a 200mm wafer fab in Tianjin, and a 200mm fab under construction in Shenzhen. SMIC also has customer service and marketing offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. In addition, SMIC manages and operates a 300mm wafer fab in Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing Corporation.
For more information, please visit www.smics.com
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information, “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC’s current assumptions, expectations and projections about future events. SMIC uses words like “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC’s actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements, including among others risks associated with the press release, the current global financial crisis, orders or judgments from pending litigation and financial stability in end markets. Investors should consider the information contained in SMIC’s filings with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F filed with the SEC on June 28, 2011, especially in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections, and such other documents that SMIC may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on SMIC’s future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except as may be required by law, SMIC undertakes no obligation and does not intend to update any forward-looking statement, whether as a result of new information, future events or otherwise.
