SHANGHAI, April 26, 2013 (PRNewswire)
-- Semiconductor Manufacturing International Corporation ("
SMIC"; NYSE: SMI; SEHK: 981), China's largest and most advanced semiconductor foundry, today announced that Vice President of North Operations Dr. Haijun Zhao, has been appointed Chief Operating Officer ("COO") of the Company. Effective from 25 April 2013, Dr. Zhao will oversee the Company's overall manufacturing operations.
SMIC CEO Dr. Tzu-Yin Chiu commented, "Dr. Zhao has extensive expertise in manufacturing operations and is well known in the semiconductor industry. His promotion to COO will help us further improve the operational management and the performance of the company."
Dr. Zhao joined SMIC in 2010, and was named Vice President of North Operations in September 2011. In June 2012, he was promoted to Senior Vice President. He has 21 years of experience in semiconductor operations and technology development. Prior to joining SMIC, Dr. Zhao was Vice President for technology development, product engineering, and Greater China business at ProMOS Technologies in Taiwan. Dr. Zhao received his B.S. and Ph.D. from Tsinghua University, and his M.B.A. from the University of Chicago. He holds two U.S. semiconductor technology patents, with two pending, and has nine published technical papers.
SMIC has filed its Form 20-F annual report with the U.S. Securities and Exchange Commission for the year ended December 31, 2012. The annual report is available on our website at www.smics.com. In addition, SMIC ADR holders may request, at no charge, a hard copy of our complete audited financials.
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 a 200mm mega-fab in Shanghai, a 300mm mega-fab in Beijing, a 200mm fab in Tianjin, and a 200mm fab project under development 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.
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 current global economic slowdown, 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 April 15, 2013, especially in the "Risk Factors Related to Our Financial Condition and Business" and "Operating and Financial Review and Prospects" sections, and such other documents that SMIC may file with the SEC or the Hong Kong Stock Exchange 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.
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