Semiconductor Manufacturing International Corporation (SMI)
Q4 2011 Earnings Call
February 8, 2012 7:30 PM ET
En-Ling Feng – Senior Director, IR
Tzu-Yin Chiu – CEO
Gary Tseng – CFO
Randy Abrams – Credit Suisse
Daniel Heyler – Bank of America
Steven Pelayo – HSBC
Donald Lu – Goldman Sachs
Rick Hsu – JP Morgan
Szeho Ng – BNP
Welcome to the Semiconductor Manufacturing International Corporation’s Fourth 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 of Investor Relations.
Today’s webcast conference call will be simultaneously streamed through the Internet at SMIC’s website. Please be advised that your dial-ins are in listen-mode only. However, at the conclusion of the management presentation, we’ll be having a question-and-answer session, upon which you will receive further instructions as 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 now like to introduce to you Mr. En-Ling Feng, Senior Director of Investor Relations, for the cautionary statement.
Good morning and good evening – and good evening to everyone. Welcome to SMIC’s fourth quarter 2011 earnings conference call. For today’s call, our CEO, T.Y. Chiu will first provide some general remarks then our CFO, Gary Tseng, will present the financial commentary. This will be followed by our Q&A session.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts