SHANGHAI FUDAN MICROELECTRONICS RAMPS PRODUCTION
AT CHARTERED, EXPANDS COLLABORATION
WITH PRIMARY FOUNDRY SOURCE
SINGAPORE and SHANGHAI - January 6, 2004 - Shanghai Fudan Microelectronics Company Limited, one of the leading application-specific integrated circuit (ASIC) design and system integration companies based in China and China's first fabless company to be listed on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong (GEM Stock Code: 08102), today announced plans to increase production volume of its smart card and digital power meter products at Chartered Semiconductor Manufacturing (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top three dedicated semiconductor foundries. Additionally, the companies are embarking on collaboration into emerging markets, such as radio-frequency identification (RFID) chips.
"We are extremely pleased to collaborate with Chartered as our long-term primary foundry partner," said Shi Lei, general manager of Fudan Microelectronics. "We were able to benefit from Chartered's advanced system-on-chip technology expertise and world-class manufacturing capabilities. More importantly, Chartered possesses a strong commitment toward long-term collaboration as well as a focus on helping customers achieve market commercialization. These factors were instrumental to Fudan Microelectronics' market success within China and growing recognition overseas as a credible system solutions provider."
"Fudan Microelectronics is a success story in the growth of China's semiconductor industry as it transformed from an IC research laboratory at Fudan University into a professional, leading business enterprise in China that it is today," said Bo Cheng, vice president and general manager of Asia Pacific at Chartered. "We are pleased with the early achievements of Fudan Microelectronics, who has been a customer of Chartered since 1997. We are also pleased that Chartered's efforts in China are bearing fruits. As China is seen as a strategic market for Chartered, we will continue to innovate, expand and customize our offerings of value-added technologies and solutions to better address local needs."
For its products, Fudan Microelectronics utilizes Chartered's proven EEPROM and analog processes across multiple technology nodes. Fudan Microelectronics is also working with several of Chartered's qualified design and backend test and packaging partners to access a complete suite of silicon-proven solutions for reducing risk and shortening time to market.
About Chartered
Chartered Semiconductor Manufacturing, one of the world's top three dedicated semiconductor foundries, is forging a customized approach to outsourced semiconductor manufacturing by building lasting and collaborative partnerships with its customers. The Company provides flexible and cost-effective manufacturing solutions for customers, enabling the convergence of communications, computing and consumer markets. In Singapore, Chartered operates five fabrication facilities and has a sixth fab, which will be developed as a 300mm facility.
A company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market (Nasdaq: CHRT) and on the Singapore Exchange (SGX-ST: CHARTERED). Chartered's 3,500 employees are based at 11 locations around the world. Information about Chartered can be found at www.charteredsemi.com.
About Shanghai Fudan Microelectronics
Shanghai Fudan Microelectronics Company Limited was established in July 1998. It is an ASIC design and system integration company based in the People's Republic of China and is mainly engaged in the design and sale of ICs for industrial applications. Products developed and sold by the Company can be classified into five categories -- ICs for telecommunication products, smart cards, motor vehicle electronic products, power supply electronic products and consumer electronic products. The Company provides IC testing software development, IC chips and IC product testing, production of probe card, research consultation on IC technology and development of overseas market. Information about Fudan Microelectronics can be found at www.fmsh.com.
