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August 10, 2011 8:30 p.m. ET
En-Ling Feng – Senior Director, IR
T.Y. Chiu – CEO
Gary Tseng – CFO
Randy Abrams – Credit Suisse
Steven Pelayo – HSBC
Rick Hsu – J.P. Morgan
Owen Fletcher – Dow Jones
Welcome to the Semiconductor Manufacturing International Corporation's Second Quarter 2011 Webcast Conference Call.
Today's conference call is chaired by Dr. T.Y. Chiu, Chief Executive Officer; Mr. Gary Tseng, Chief Financial Officer; and Mr. En-Ling Feng, Senior Director, Investor Relations.
Today's webcast conference call will be simultaneously streamed to the internet at SMIC's website. Please be advised that [the dial-ins] are in listen-only mode. However, at the conclusion of the management presentation, we will be having a question-and-answer session, upon which you will receive further instructions as to how to participate. The earnings press release is available for download at www.smics.com. Webcast playback will also be available approximately one hour after the event at www.smics.com.
Without further ado, I would like to introduce to you Mr. En-Ling Feng, Director, Investor Relations, for the cautionary statement.
Good morning and good evening, everyone. Welcome to SMIC's second quarter 2011 earnings conference call. For today's call, we are happy to have our newly-appointed CEO, T.Y. Chiu, joining us. Dr. Chiu will give a brief opening statement. Then our CFO, Gary Tseng, will give the overall business and the financial commentary. This will be followed by our Q&A session.