SMIC Releases Presentation Materials from its "Analyst Day" Held on September 15, 2009
18 September 2009 - 12:13PM
PR Newswire (US)
SHANGHAI, Sept. 18 /PRNewswire-Asia/ -- Semiconductor Manufacturing
International Corporation ("SMIC"; NYSE: SMI and SEHK: 0981.HK)
held its first Analyst Day in Shanghai, China on 15 September,
2009. Marco Mora, Chief Operating Officer, Morning Wu, Acting Chief
Financial Officer, and other members of SMIC's senior management
team discussed the Company's strategies on operations, marketing
and sales, and technology development within the context of
achieving the Company's profitability target. Vincent Gu, a senior
analyst at iSuppli, was invited to be the keynote speaker to
provide insight about the China IC market. In addition, the event
had the honor of receiving top executives from two of SMIC's
Chinese customers. Stanly Zhao, Chief Executive Officer of
GalaxyCore Inc. and Feng Chen, Chief Marketing Officer of Fuzhou
Rockchip Electronics Co., Ltd. discussed their companies' growth
strategies as well as their views on the cooperative relationship
with SMIC. During the meeting the Company discussed its target for
profitability which engages certain key components: technology
migration, market conditions, lowering of fixed costs, and
disciplined capital expenditure. Six presentations were presented
by SMIC's management at the Analyst Day event. The materials, which
provide a detailed update of the Company's progress and strategies,
are available now on the Company's website: http://www.smics.com/ .
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 0.35um to 45nm. 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, a 200mm fab
under construction in Shenzhen, and an in-house assembly and
testing facility in Chengdu. SMIC also has customer service and
marketing offices in the U.S., Europe, and Japan, and a
representative office in Hong Kong. In addition, SMIC manages and
operates a 200mm wafer fab in Chengdu owned by Cension
Semiconductor Manufacturing Corporation and a 300mm wafer fab in
Wuhan owned by Wuhan Xinxin Semiconductor Manufacturing
Corporation. For more information, please visit
http://www.smics.com/ . For more information, please contact:
Investor Contact: Beverly Liu Tel: +86-21-3861-0000 x16099 Email:
DATASOURCE: Semiconductor Manufacturing International Corporation
CONTACT: Investors, Beverly Liu, +86-21-3861-0000 x16099, Web site:
http://www.smics.com/
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