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Chartered Names Japan Semiconductor Industry
Veteran to
Board of Directors
- SINGAPORE -- January 18, 2000 -- Chartered Semiconductor Manufacturing
(Nasdaq:CHRT, SGX:CHARTERED) has announced the appointment of Dr. Tsugio
Makimoto to its board of directors. Dr. Makimoto serves as corporate chief
technologist for Hitachi in Tokyo, Japan.
An industry veteran with over 40 years' diverse manufacturing and
management experience at Hitachi, Dr. Makimoto is a recipient of the
prestigious Ichimura Award for developing complex integrated circuits (called
MOS LSI devices) for use in calculators. He was appointed IEEE Fellow in 1997
for his contribution to high density MOS devices and has co-authored two
books, LIVING WITH THE CHIP, in 1995, and DIGITAL NOMAD, published in 1997. He
is a visiting professor of Toyo University and a member of the advisory
committee of Japan's Nara Institute of Science and Technology (NAIST) and
serves on the international advisory panel of the National Science and
Technology Board (NSTB) of Singapore.
"Makimoto-san's distinguished career as engineer, pioneer and author
demonstrate the vision, knowledge and creativity that will serve Chartered
well," said Barry Waite, president and CEO of Chartered. "We believe these
qualities will contribute new insights in serving the important Japan market
as a partner and foundry of choice."
Commenting on his new role, Dr Makimoto said, "I am pleased to work with
Chartered and am committed to developing new relationships for the company in
Japan and around the world."
Dr Makimoto earned a master's of science degree at Stanford University,
California. He earned his doctorate degree from the University of Tokyo in
1971 with a dissertation thesis on high-frequency transistors.
About Chartered
- Chartered Semiconductor Manufacturing (Nasdaq:CHRT and SES:CHART) is one
of the world's leading independent foundries providing wafer fabrication
services. Guided by the tenets of trust, service, partnership, advanced
technology and stability, the Company aims to provide world-class
semiconductor foundry services that enable customers to create and deliver
market-leading system-level solutions. Chartered operates five fabrication
facilities that serve high-growth, technologically advanced applications such
as communications and networking. Headquartered in Singapore, Chartered
employs approximately 3300 people at its 12 locations in North America, Asia
and Europe.
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- Chartered completed its global initial public offering in October 1999 and
is traded in the United States on Nasdaq and in Singapore on the Stock
Exchange of Singapore (SES). The Company reported 1998 revenues of US $422.6
million.
This news release contains forward-looking statements, as
defined in the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements reflect the Company's
current views with respect to future events and financial performance, and are
subject to certain risks and uncertainties, which could cause actual results
to differ materially from historical results or those anticipated. Although
the Company believes the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, it can give no assurance
that its expectations will be attained. The Company undertakes no obligation
to publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. A description of
certain of the risks and uncertainties which could cause actual results to
differ materially from those indicated in the forward looking statements can
be found in the section captioned "Risk Factors" in the Company's prospectus
dated October 29, 1999.
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