Qimonda Expands Foundry Agreement with SMIC

Aug 21, 2007 - Munich/Germany and Shanghai/China -- Qimonda AG and Semiconductor Manufacturing International Corporation  today announced that they have signed an agreement to expand their existing cooperation on the production of standard memory chips (DRAMs).

Under the terms of the agreement, Qimonda will transfer its 80nm DRAM trench technology to SMIC's 300mm facility in Beijing and SMIC will manufacture DRAMs for computing applications in this technology exclusively for Qimonda. Furthermore, the agreement includes the option to transfer Qimonda's 75nm technology to SMIC in the future.

“The extension of our cooperation with SMIC underlines our partnership commitment in Asia and it further increases our production capabilities,” said Kin Wah Loh, CEO and President of Qimonda.

"We are excited to further expand our partnership with Qimonda into 80nm manufacturing. The partnership has continued to drive the technology advancement of SMIC’s memory strategy," said Dr. Richard Chang, President and CEO of SMIC

About SMIC

Semiconductor 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, providing integrated circuit (IC) manufacturing service at 0.35ìm to 90nm and finer line technologies. Headquartered in Shanghai, SMIC operates three 200mm wafer fabrication facilities in its Shanghai mega-fab, a 200mm wafer fab in Tianjin, and a 300mm mega-fab in Beijing, the first of its kind in Mainland China. SMIC also operates an in-house assembly and testing facility in Chengdu. SMIC has customer service and marketing offices in the U.S., Italy, and Japan as well as a representative office in Hong Kong. In addition, SMIC manages and operates a 200mm wafer fab owned by Chengdu Cension Semiconductor Manufacturing Corporation and one 300mm wafer fab owned by Wuhan Xinxin Semiconductor Manufacturing Corporation. For additional information, please visit http://www.smics.com  

About Qimonda

Qimonda AG (NYSE: QI) is a leading global memory supplier with a broad diversified DRAM product portfolio. The company generated net sales of EUR 3.81 billion in its 2006 financial year and has approximately 13,000 employees worldwide. Qimonda has access to five 300mm manufacturing sites on three continents and operates six major R&D facilities. The company provides DRAM products for a wide variety of applications, including in the computing, infrastructure, graphics, mobile and consumer areas, using its power saving technologies and designs. Further information is available at www.qimonda.com.