Qimonda Expands Foundry Agreement with SMIC
21 August 2007 - 6:00PM
PR Newswire (US)
MUNICH, Germany and SHANGHAI, China, Aug. 21 /Xinhua-PRNewswire/ --
Qimonda AG (NYSE:QI) and Semiconductor Manufacturing International
Corporation ("SMIC", NYSE: SMI; SEHK: 0981.HK) one of the leading
foundries in the world, today jointly announced that they have
signed an agreement to expand their existing cooperation on the
production of standard memory chips (DRAMs). Under the terms of the
agreement, Qimonda will transfer its 80nm DRAM trench technology to
SMIC's 300mm facility in Beijing and SMIC will manufacture DRAMs
for computing applications in this technology exclusively for
Qimonda. Furthermore, the agreement includes the option to transfer
Qimonda's 75nm technology to SMIC in the future. "The extension of
our cooperation with SMIC underlines our partnership commitment in
Asia and it further increases our production capabilities," said
Kin Wah Loh, CEO and President of Qimonda. "We are excited to
further expand our partnership with Qimonda into 80nm
manufacturing. The partnership has continued to drive the
technology advancement of SMIC's memory strategy," said Dr. Richard
Chang, President and CEO of SMIC. Safe Harbour Statement
Information provided in this press release may contain statements
relating to current expectations, estimates, forecasts and
projections about future events that are "forward-looking
statements" as defined in the Private Securities Litigation Reform
Act of 1995. These forward-looking statements generally relate to
the company's plans, objectives and expectations for future
operations and are based upon management's current estimates and
projections of future results or trends. Actual future results may
differ materially from those projected as a result of certain risks
and uncertainties. For a discussion of such risks and
uncertainties, see "Risk Factors" in the Company's Annual Report on
Form 20-F filed on April 2, 2007 with the U.S. Securities and
Exchange Commission. These forward-looking statements are made only
as of the date hereof, and we undertake no obligation to update or
revise the forward-looking statements, whether as a result of new
information, future events or otherwise. 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.
Headquartered in Shanghai, SMIC provides integrated circuit
manufacturing service at 0.35um to 90nm and finer line
technologies. SMIC has a 300mm wafer fabrication facility (fab)
under start-up 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 an in- house assembly and testing facility in Chengdu.
SMIC also has customer service and marketing offices in the U.S.,
Italy, 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 (under construction) in Wuhan owned by Wuhan Xinxin
Semiconductor Manufacturing Corporation. For more information,
please visit http://www.smics.com/ . About Qimonda Qimonda AG
(NYSE:QI) is a leading global memory supplier with a broad
diversified DRAM product portfolio. The company generated net sales
of EUR3.81 billion in its 2006 financial year and has approximately
13,000 employees worldwide. Qimonda has access to five 300mm
manufacturing sites on three continents and operates six major
R&D facilities. The company provides DRAM products for a wide
variety of applications, including in the computing,
infrastructure, graphics, mobile and consumer areas, using its
power saving technologies and designs. Further information is
available at http://www.qimonda.com/ . For more information, please
contact: SMIC: SMIC Shanghai Reiko Chang Corporate Relations Tel:
+86-21-5080-2000 x10544 Email: Qimonda: Worldwide Headquarters
Ralph Heinrich Tel: +49-896-0088-1300 Email: U.S.A. Donna Wilson
Tel: +1-408-501-7188 Email: Asia Regine Liu Tel: +886-2-2652-6900
Email: Japan Kenichi Sugiyama Tel: +81-3-5745-7339 Email: Investor
Relations Worldwide Steve Harrison Tel: +1-919-677-6904 Email:
Investor Relations Europe & Asia Andreas Schaller Tel:
+49-89-60088-1200 Email: DATASOURCE: Semiconductor Manufacturing
International Corporation CONTACT: Reiko Chang, Corporate Relations
for SMIC Shanghai, +86-21-5080-2000 x10544, or ; Ralph Heinrich
(Worldwide Headquarters) of Qimonda, +49-896-0088-1300, or ; Donna
Wilson (U.S.A.) of Qimonda, +1-408-501-7188, or ; Regine Liu (Asia)
of Qimonda, +886-2-2652-6900, or ; Kenichi Sugiyama (Japan) of
Qimonda, +81-3-5745-7339, or ; Steve Harrison (Investor Relations
Worldwide) of Qimonda, +1-919-677-6904, or ; Andreas Schaller
(Investor Relations Europe & Asia) of Qimonda,
+49-89-60088-1200, or Web site: http://www.smics.com/
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