TIANJIN, China, Oct. 17, 2016 /PRNewswire/ -- Semiconductor
Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK:
981), one of the leading semiconductor foundries in the world and
the largest and most advanced foundry in mainland China, announces the laying of the foundation
stone to mark the official launch of its capacity expansion project
at SMIC's TianJin facility. After
the project's completion, SMIC
TianJin is expected to become the world's largest integrated 8-inch
IC production line.
SMIC TianJin is located in the Xiqing Economic Technological
Development Area, Tianjin, and
currently has a mature 8-inch IC production line with a capacity of
45,000 wafers/month. After completion of the expansion project,
SMIC TianJin's capacity will reach 150,000 8-inch wafers/month. The
project's progress and capacity arrangement will depend on
customers' needs. The main product applications supported by the
project include IoT related IC's, fingerprint identification, power
management, mixed signal processing, and automotive
electronics.
The Chairman of SMIC, Dr. Zixue Zhou, said: "The launch of
capacity expansion of our 8-inch production line is another
milestone in the history of SMIC TianJin. SMIC TianJin has long
been running at full capacity, and this expansion will
significantly ease the balance of demand and supply and provide
more high-quality capacity to our clients. Moreover, SMIC's
capacity distribution throughout mainland China will be further optimized."
The TianJin Deputy Mayor, Mr.
Shushan He, the Secretary of
Xiqing Area, Mr. Xuewang Wang
attended the ceremony. The Chairman of SMIC, Dr. Zixue Zhou, and
the CEO and Executive Director of SMIC, Dr. Tzu-Yin Chiu, together laid the foundation stone
for the new project.
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 on process nodes from
0.35 micron to 28 nanometer. Headquartered in Shanghai, China, SMIC has an international
manufacturing and service base. In China, SMIC has a 300mm wafer fabrication
facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab and a
majority-owned 300mm fab for advanced nodes in Beijing; 200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture
300mm bumping facility in Jiangyin; additionally, in Italy SMIC has a majority-owned 200mm fab.
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 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, including
statements under "Third Quarter 2016 Guidance", "CapEx Summary" and
the statements contained in the quotes of our CEO are based on
SMIC's current assumptions, expectations and projections about
future events. SMIC uses words like "believe," "anticipate,"
"intend," "estimate," "expect," "project," "target" 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
cyclical nature of the semiconductor industry, changes in demand
for our products, competition in our markets, our reliance on a
small number of customers, orders or judgments from pending
litigation, intensive intellectual property lawsuits in
semiconductor industry and financial stability in end markets,
general economic conditions and fluctuations in currency exchange
rates.
Investors should consider the information contained in SMIC's
filings with the U.S. Securities and Exchange Commission ("SEC"),
including its annual report on 20-F filed with the SEC on
April 25, 2016, especially the
consolidated financial statements, and such other documents that
SMIC may file with the SEC or The Hong Kong Stock Exchange Limited
("SEHK") from time to time, including current reports 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.
SMIC Media Contact:
Terry
Ding
Tel: +86-21-3861-0000 x16812
Email: Terry_Ding@smics.com
SMIC Investor Contact:
Tel: +86-21-3861-0000 x
12804
Email: ir@smics.com
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SOURCE SMIC