CHARTERED HONORS TOP SUPPLIERS
SINGAPORE - March 13, 2008 - Chartered Semiconductor Manufacturing Ltd. (Nasdaq: CHRT and SGX-ST: Chartered), one of the world's top dedicated semiconductor foundries, is honoring its top suppliers at the company's annual Supplier Day event held Thursday, March 13 in Singapore.
Supplier Day recognizes the outstanding contributions and performance of Chartered's equipment, materials and services suppliers. Dainippon Screen Singapore Pte. Ltd., Sumco Techxiv Corporation and IBM Singapore Pte Ltd were named top suppliers for 2007 in their respective categories.
"Chartered has been focused on enhancing our leading-edge capabilities, ramping 65-nanometer technology as well as expanding our capacity for our value-added processes to better meet the needs of our customers," said Leow Kim Keat, vice president, customer support operations and supply management organization at Chartered. "To achieve these goals, we have been closely collaborating with our valued suppliers, and we want to thank them for their support and execution to our major initiatives. In the months ahead, we will continue to work with them as we prepare for 45nm, and continue to focus on improving our breakeven utilization, scale and productivity across our fabs."
Winners are judged on a set of execution criteria including quality, service, innovative solutions, delivery and cost. The winners of Chartered's 2007 top supplier awards are:
| Equipment & Subcontractors Category: |
| Gold Supplier Award |
Dainippon Screen Singapore Pte. Ltd. |
| Silver Supplier Award |
Applied Materials Asia Pacific Ltd |
| Materials Category: |
| Gold Materials Supplier Award |
Sumco Techxiv Corporation |
| Silver Materials Supplier Award |
National Oxygen Pte Ltd |
| Most Improved Supplier Quality Award |
BASF South East Asia Pte Ltd. |
| Best Mask Shop Supplier |
Dai Nippon Printing Co., Ltd |
| Services Category: |
| Gold Service Supplier Award - IT |
IBM Singapore Pte Ltd |
| Silver Service Supplier Award - IT |
Hewlett-Packard Singapore (Sales) Pte. Ltd. |
| Outstanding Service Award - IT |
IBM Singapore Pte Ltd |
| Outstanding Service Award - Facility |
Kinetics Process System Pte Ltd |
About Chartered
Chartered Semiconductor Manufacturing Ltd. (Nasdaq: CHRT, SGX-ST: CHARTERED), one of the world's top dedicated semiconductor foundries, offers leading-edge technologies down to 65 nanometer (nm), enabling today's system-on-chip designs. The company further serves the needs of customers through its collaborative, joint development approach on a technology roadmap that extends to 32nm. Chartered's strategy is based on open and comprehensive design enablement solutions, manufacturing enhancement methodologies, and a commitment to flexible sourcing. In Singapore, the company operates a 300mm fabrication facility and four 200mm facilities. Information about Chartered can be found at www.charteredsemi.com.
Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements, including without limitation, statements relating to Chartered being aggressive at the leading edge, ramping 65-nanometer technology and moving into volume production, expanding our capacity for our value-added processes, work with our suppliers as we prepare for 45nm, focus on improving our breakeven utilization, scale and productivity across our fab, reflect our current views with respect to future events and are subject to certain risks and uncertainties, which could cause actual results to differ materially from historical results or those anticipated. Among the factors that could cause actual results to differ materially are changes in the demands from our major customers, manufacturing capacity constraints, excess inventory, life cycle, market outlook and trends for specific products; the slow down in the economic conditions in the United States as well as globally; demand and supply outlook in the semiconductor market; competition from other foundries and pricing pressures; products mix; unforeseen delays, interruptions, performance level of our fabrication facilities; our progress on leading-edge products; changes in capacity plans, allocation and process technology mix; unavailability of materials, equipment, manpower and expertise; access to or delays in technological advances or our development of process technologies; the successful implementation of our partnership, technology and supply alliances (including our joint development agreements with IBM and the other joint development partners); the growth rate of fabless companies, the outsourcing strategy of integrated device manufacturers ("IDM") and our expectation that IDMs will utilize foundry capacity more extensively. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assu rance that our expectations will be attained. In addition to the foregoing factors, a description of certain other risks and uncertainties which cause actual results to differ materially can be found in "Item 3. Key Information - D. Risk Factors" in our 2007 annual report on Form 20-F filed with the US SEC. You are cautioned not to place undue reliance on these forward-looking statements, which reflect management's current analysis of future events. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
