SAN DIEGO,
July 3, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) and Qualcomm Incorporated
(NASDAQ: QCOM),
have announced that SMIC and Qualcomm Technologies, Inc., a subsidiary
of Qualcomm Incorporated, are working together in connection with 28nm
process technology and wafer manufacturing services in
China
to manufacture Qualcomm® Snapdragon™ processors. Qualcomm Technologies'
Snapdragon processors are purpose built for mobile devices. SMIC is one
of
China's largest and most advanced
semiconductor foundries, and Qualcomm Technologies is one of the world's
largest fabless semiconductor vendors and a world leader in 3G, 4G and
next-generation wireless technologies. This collaboration will help
accelerate SMIC's 28nm process maturity and capacity, and will also make
SMIC one of the first semiconductor foundries in
China
to offer production locally for some of Qualcomm Technologies' latest
Snapdragon processors on 28nm node, both PolySiON (PS) and high-K
dielectrics metal gate (HKMG).
Previously,
SMIC has supported Qualcomm Technologies on power management, wireless
and connectivity related IC products at various process nodes. With this
new collaboration involving 28nm technology and wafer manufacturing
services, SMIC is further strengthening its strategic relationship with
Qualcomm Technologies. SMIC will work with Qualcomm Technologies in
bringing new 28nm design-ins and products for the growing mobile
communication industry. Going forward, SMIC will also extend its
technology offerings on 3DIC and RF front-end wafer manufacturing in
support of Qualcomm Technologies as its Snapdragon product portfolio
continues to expand.
"We are
delighted to enter this collaboration with Qualcomm Technologies since
this marks a significant milestone on the readiness and competitiveness
of SMIC's 28nm process technologies," said Dr.
Tzu-Yin Chiu,
chief executive officer and executive director, SMIC. "This step
forward demonstrates SMIC's capabilities and commitments on bringing up
the needed advanced node technologies for addressing customers' demands
and product roadmaps. With Qualcomm Technologies' support, we are
confident that our 28nm technologies will become one of the most
important growth drivers for the company. We expect that the 28nm
product life cycle longevity will exceed previous nodes, which will help
better position SMIC to service the needs of Qualcomm Technologies, as
well as others."
"SMIC is an
important supplier to Qualcomm Technologies, and we are pleased to be
working with SMIC, whose capabilities and technology offerings are
growing to meet our demanding product needs," said
Murthy Renduchintala,
executive vice president, Qualcomm Technologies, Inc., and
co-president, QCT. "We look forward to working with SMIC on bringing up
its 28nm production in
China and
executing on our regional supply chain strategy. With SMIC becoming a
more important supplier in our global operations, this collaboration
will help further our manufacturing footprint and services in
China, one of the world's largest mobile consumer opportunities."
About Qualcomm IncorporatedQualcomm
Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and
next-generation wireless technologies. Qualcomm Incorporated includes
Qualcomm's licensing business, QTL, and the vast majority of its patent
portfolio. Qualcomm Technologies, Inc., a wholly-owned subsidiary of
Qualcomm Incorporated, operates, along with its subsidiaries,
substantially all of Qualcomm's engineering, research and development
functions, and substantially all of its products and services
businesses, including its semiconductor business, QCT. For more than 25
years, Qualcomm ideas and inventions have driven the evolution of
digital communications, linking people everywhere more closely to
information, entertainment and each other. For more information, visit
Qualcomm's
website,
OnQ blog,
Twitter and
Facebook pages.
About SMICSemiconductor
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 in
Beijing and a majority owned 300mm fab for advance nodes under development; a 200mm fab in
Tianjin; and a 200mm fab project under development in
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 14, 2014,
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.
Qualcomm and Snapdragon are trademarks of Qualcomm Incorporated, registered in
the United States and other countries. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc.
Qualcomm Contacts:
Jon Carvill, Corporate Communications
Phone: 1-858-658-1993
Email:
corpcomm@qualcomm.com
Warren Kneeshaw, Investor Relations
Phone: 1-858-658-4813
Email:
ir@qualcomm.com
SMIC Contacts:
Michael Cheung, English Media
Phone: +86-21-3861-0000 x16812
Email:
Michael_Cheung@smics.com
Angela Miao, Chinese Media
Phone: +86-21-3861-0000 x10088
Email:
Angela_Miao@smics.com
SOURCE Qualcomm Technologies