SHANGHAI, March 25, 2016 -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981), China's largest and most advanced semiconductor foundry, today announced that its CEO and Executive Director, Dr. TY Chiu, has been re-elected to the Board of Directors of the Global Semiconductor Alliance (GSA), a world-leading semiconductor industry association.
GSA’s board is comprised of senior executives who represent the semiconductor industry’s most active global regions. This year, eight board positions were available for election, including two EDA/ design positions, three foundry positions, one value-chain producer position, and two test/packaging and back-end supplier positions. Each position will serve a three-year term.
"I am honored to be re-elected to the GSA Board." Dr. Chiu said, "The Chinese market is a dynamic driving force in the global semiconductor market development. As China's largest and most advanced IC foundry, SMIC has committed to a cooperative innovation strategy with our partners in the industry supply chain. We will continue to promote the development and cooperation between Chinese and global semiconductor industry chain.”
GSA President Jodi Shelton added, "China has grown into the largest market for global semiconductor products. The vigorously developing China semiconductor ecosystem is fueling the growth of the global semiconductor industry, in which SMIC is playing a significant role. We are grateful for the enormous contributions that Dr. Chiu and SMIC have made. "
As a non-profit organization with a history of more than 21 years, GSA's mission is to cultivate a more effective ecosystem through collaboration, integration and innovation, thus accelerating the growth and increasing the return on invested capital of the global semiconductor industry.
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. SMIC provides integrated circuit (IC) foundry and technology services at 0.35-micron to 28-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a second majority owned 300mm fab under development for advance nodes in Beijing; and 200mm fabs in Tianjin and Shenzhen. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. For more information, please visit www.smics.com.
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This document 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 are necessarily estimates reflecting the best judgment of SMIC's senior management and 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 cyclicality and market conditions in the semiconductor industry, intense competition, timely wafer acceptance by SMIC's customers, timely introduction of new technologies, SMIC's ability to ramp new products into volume, supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, availability of manufacturing capacity, financial stability in end markets and intensive intellectual property litigation in high tech industry.
In addition to the information contained in this document, you should also consider the information contained in our other filings with the SEC, including our annual report on Form 20-F filed with the SEC on April 28, 2015, especially in the "Risk Factors" section and such other documents that we 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 our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this document 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 document.
SMIC Media Contact Information:
Mingming Tan
Tel: +86-21-3861-0000 x11075
Email: Mingming_Tan@smics.com
