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TheStreet Open House

SMIC Appoints Dr. Tzu-Yin Chiu As CEO And Executive Director

SHANGHAI, Aug. 8, 2011 /PRNewswire-Asia/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 0981.HK), China's largest and most advanced semiconductor foundry, today announced the appointment of Dr. Tzu-Yin Chiu as CEO and Executive Director, effective immediately.

Dr. Chiu is a distinguished semiconductor industry executive with over 27 years of experience in the industry and a track record of managing successful semiconductor manufacturing companies at the executive level. Prior to joining SMIC as CEO and Executive Director, Dr. Chiu was President and CEO of Hua Hong NEC Electronics Company Limited, Vice President and Chief Operating Officer of Shanghai Huali Microelectronics Corporation, President and COO of Silterra Malaysia Sdn. Bhd., Senior Vice President and Chief Operating Officer of Hua Hong International Management Shanghai Co., Ltd., President of Hua Hong Semiconductor International Shanghai Co., Ltd., Senior Vice President of Shanghai Operations at Semiconductor Manufacturing International Corporation (SMIC), and Senior Director of Fab Operations at Taiwan Semiconductor Manufacturing Corporation (TSMC). He began his career in the United States with AT&T Bell Laboratories, rising to become the department head of its High Speed Electronics Research Department. Dr. Chiu holds a bachelor's degree from Rensselaer Polytechnic Institute, a Ph.D. in electrical engineering and computer science from the University of California at Berkeley, and an executive MBA from Columbia University. A senior member of the IEEE, Dr. Chiu holds ten semiconductor technology patents with three patents still pending, and has published thirty technical articles.

SMIC Chairman Zhang Wenyi remarked, "We are delighted to appoint Dr. Chiu as SMIC's new CEO and Executive Director. Dr. Chiu's extensive technical and management experience in the semiconductor field, as well as his in-depth knowledge of SMIC and the Chinese semiconductor industry, set him apart as an ideal choice to lead SMIC into the future. I look forward working with him and our senior management team to ensure that SMIC is ideally positioned to take advantage of its competitive strengths, while further improving its market position."

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