In the core Q2 chip plant in Chengdu started by the end of the capacity increased up to 1/3

EST on March 1st (Beijing time March 2nd) according to foreign news the latest reports, SMIC said on Wednesday that the company is located in the packaging and testing plant in Chengdu will be officially put into operation in the two quarter of this year.

Chinese revealed the Internet and technology conference vice director of core international investor relations Jimmy Lai held here, "because the needs of customers, we have established a test of its own packaging factory in Chengdu area." At the end of this year, SMIC is expected to grow by 1/3 to reach $200 thousand per month, while capital spending will grow by about $1 billion 100 million to $10%, according to the report.

Reported in the fourth quarter of 2005, core international to a net loss of $15 million. At the same time, the company said it would be involved in the production of NAND chips, NAND chips are increasingly becoming MP3 players, digital cameras and mobile phones and other products, the main storage components. When it comes to earnings expectations, Jimmy Lai revealed that the company will be profitable in the third quarter of this year, and in 2006 will achieve balance. And he believes that due to the uncertainty of the semiconductor industry, the 2007 profit and loss situation is difficult to predict.

At present, two of the world's largest manufacturer of chip outsourcing to Taiwan's TSMC and UMC, SMIC and Singapore Chartered Semiconductor Manufacturing Co. Ltd. for third position dadehuore.

SMIC in the factory in Chengdu is a product combined with Singapore company of science and technology in May 2005 after signing the agreement. The two sides to form a joint venture factory, with a total investment of $100 million. According to the agreement, SMIC invested $51 million and holds the 51% stake in the joint venture, Singapore joint technology will be in the capital, technology and intellectual property rights shares, holding 30% of the shares, other investors and employees will hold the remaining 19%. The plant is SMIC's sixth factories in mainland china.