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New Israel Office Marks Expansion for Chartered Semiconductor Manufacturing

Tel-Aviv, ISRAEL – March 11, 1998 -- Chartered Semiconductor Manufacturing today announced the opening of a new office in Tel-Aviv, Israel. The office establishes local marketing presence and customer support capability for Chartered's Israel-based customers. It will provide immediate customer access to Chartered's leading-edge process technologies for integrated circuits (ICs), wafer manufacturing, and full turnkey solutions through the company's EDA and test and assembly partners. Chartered's global customer base includes semiconductor companies with internal fabrication facilities, as well as fabless IC companies, that utilize Chartered's wafer manufacturing capabilities.

In addition, the Company has named Hod Finkelstein as Country Manager, responsible for heading the new office. Mr. Finkelstein joins Chartered from Intel Corporation's Israel Design Center in Haifa, where he was a design engineer. He holds a B.S.E.E. degree from Cornell University and has completed the Master of Science (M.Sc.) degree in electrical engineering at the Technion-Israel Institute of Technology.

Chartered's Israel office address is at
1 Hashikma Street
Savyon, Israel
Tel: 972.3.635.3658
Fax:972.3.535.7622

"Israel has emerged as an important design center for the IC industry in recent years," said Chartered's Choong Chan Yong, Senior Vice President of Sales and Marketing, Asia & Europe. "This expansion is a key part of our strategy to provide excellent service to our customers wherever they may be."

The expansion into Israel follows two openings late last year of Chartered offices in suburban Paris and London. The Company is building its presence in the European and Israel semiconductor markets by providing customers with local services and faster response.

About Chartered Chartered Semiconductor Manufacturing is a leading dedicated foundry, providing integrated circuits to companies worldwide. Chartered offers a full complement of advance manufacturing processes, including deep-submicron CMOS logic, and mixed-signal technologies. Through its extensive partnership programs, Chartered offers its customers the option of selecting full turnkey services ranging from the acquisition of intellectual property, design tools and libraries, to IC packaging, assembly and test.


Known for quality processes and exceptional customer service, Chartered received the Top Fab Award by Semiconductor International Magazine. The Company's manufacturing facilities are certified to ISO 9002 standards. A member of Singapore Technologies, Chartered is headquartered in Singapore with offices in England, France, Germany, Israel, Japan, Taiwan, and the United States. Chartered's web address is http://www.charteredsemi.com.

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