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SMIC, Brite, Zhejiang Form Research Program

SHANGHAI, China — Semiconductor Manufacturing International Corporation (“SMIC”; NYSE: SMI; SEHK: 0981.HK), China's largest and most advanced semiconductor foundry, Brite Semiconductor (Shanghai) Corporation (“Brite”), a leading IC design and turnkey service provider, and Zhejiang University IC and Basic Software Research Institute (“Zhejiang University”) today announced the founding of a joint IC research program.

The IC research program will provide a world-class environment for research projects between the three parties. It will serve as a platform for cooperation, strengthening technology development and academic exchange while aligning with the university's educational tradition of “combining theory and practice.” As part of the agreement, SMIC and Brite Semiconductor will provide Zhejiang University graduate students with hands-on training and internship opportunities, while Zhejiang University will provide a continuing education program for SMIC and Brite Semiconductor employees. Overall, the program will develop a more qualified and dynamic semiconductor industry workforce.

Charlie Zhi, the president and CEO of Brite Semiconductor said: “We are pleased that the joint research program can be established in such a short time frame. The program will further facilitate the joint development of advanced technologies by Brite, SMIC and Zhejiang University. In addition, it will generate a pool of outstanding graduates and help Brite further develop its engineering talent.”

Chris Chi, Chief Business Officer of SMIC said: “The establishment of this joint research program is one part of our school-enterprise cooperation strategy. We hope to take this opportunity to create a new model of comprehensive school-enterprise collaboration.”

{complink 12815|Semiconductor Manufacturing International Corp. (SMIC)}
{complink 12840|Brite Semiconductor Inc.}

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