About SMIC
Semiconductor Manufacturing International Corporation ("SMIC";
NYSE: SMI; SEHK: 981) is one of the leading semiconductor foundries in the
world and the largest and most advanced foundry in mainland China. SMIC
provides integrated circuit (IC) foundry and technology services on process
nodes from 0.35 micron to 28 nanometer. Headquartered in Shanghai, China,
SMIC has an international manufacturing and service base. In China, SMIC has
a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a
300mm mega-fab and a majority-owned 300mm fab for advanced nodes in Beijing;
200mm fabs in Tianjin and Shenzhen; and a majority-owned joint-venture 300mm
bumping facility in Jiangyin; additionally, in Italy SMIC has a
majority-owned 200mm fab. SMIC also has marketing and customer service
offices in the U.S., Europe, Japan, and Taiwan, and a representative office
in Hong Kong. For more information, please visit www.smics.com.
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This press release contains, in addition to historical information,
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform Act
of 1995. These forward-looking statements are based on SMIC's current
assumptions, expectations and projections about future events. SMIC uses
words like "believe," "anticipate," "intend,"
"estimate," "expect," "project,"
"target" and similar expressions to identify forward looking
statements, although not all forward-looking statements contain these words.
These forward-looking statements are necessarily estimates reflecting the best
judgment of SMIC's senior management and involve significant risks, both
known and unknown, uncertainties and other factors that may cause SMIC's
actual performance, financial condition or results of operations to be
materially different from those suggested by the forward-looking statements
including, among others, risks associated with cyclicality and market
conditions in the semiconductor industry, intense competition in the
semiconductor industry, SMIC's reliance on a small number of customers,
timely wafer acceptance by SMIC's customers, timely introduction of new
technologies, SMIC's ability to ramp new products into volume, supply and
demand for semiconductor foundry services, industry overcapacity, shortages
in equipment, components and raw materials, availability of manufacturing
capacity, financial stability in end markets, orders or judgments from
pending litigation, intensive intellectual property litigation in
semiconductor industry, general economic conditions and fluctuations in
currency exchange rates.
In addition to the information contained in this press release, you should
also consider the information contained in our other filings with the SEC,
including our annual report on Form 20-F filed with the SEC on April 27,
2017, especially in the "Risk Factors" section and such other
documents that we may file with the SEC or The Hong Kong Stock Exchange
Limited ("SEHK") from time to time, including current reports on
Form 6-K. Other unknown or unpredictable factors also could have material
adverse effects on our future results, performance or achievements. In light
of these risks, uncertainties, assumptions and factors, the forward-looking
events discussed in this press release may not occur. You are cautioned not
to place undue reliance on these forward-looking statements, which speak only
as of the date stated or, if no date is stated, as of the date of this press
release. Except as may be required by law, SMIC undertakes no obligation and
does not intend to update any forward-looking statement, whether as a result of
new information, future events or otherwise.
SMIC Media Contact
Terry Ding
+86-21-3861-0000 x16812
Terry_Ding@smics.com
About Xperi Corporation
Xperi Corporation (Nasdaq: XPER) and its brands, DTS, FotoNation, HD Radio,
Invensas and Tessera, are dedicated to creating innovative technology
solutions that enable extraordinary experiences for people around the world.
Xperi's solutions are licensed by hundreds of leading global partners and
have shipped in billions of products in areas including premium audio,
broadcast, automotive, computational imaging, computer vision, mobile
computing and communications, memory, data storage, and 3D semiconductor
interconnect and packaging. For more information, please call 408-321-6000 or
visit www.xperi.com.
DTS, Xperi and their respective logos are trademarks or registered trademarks
of affiliated companies of Xperi Corporation in the United States and other
countries. All other company, brand and product names may be trademarks or
registered trademarks of their respective companies.
Xperi Safe Harbor Statement
This press release contains forward-looking statements, which are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ significantly from
those projected, particularly with respect to the features, benefits,
characteristics and availability of Invensas' Direct Bond Interconnect
technology. Material factors that may cause results to differ from the
statements made include the plans or operations relating to the businesses of
Xperi; market or industry conditions; changes in patent laws, regulation or
enforcement, or other factors that might affect Xperi's ability to protect or
realize the value of its intellectual property; the expiration of license
agreements and the cessation of related royalty income; the failure, inability
or refusal of licensees to pay royalties; initiation, delays, setbacks or
losses relating to Xperi's intellectual property or intellectual property
litigations, or invalidation or limitation of key patents; fluctuations in
operating results due to the timing of new license agreements and royalties,
or due to legal costs; the risk of a decline in demand for semiconductors and
products utilizing our audio and imaging technologies; failure by the
industry to use technologies covered by Xperi's patents; the expiration of
Xperi's patents; Xperi's ability to successfully complete and integrate
acquisitions of businesses; the risk of loss of, or decreases in production
orders from, customers of acquired businesses; financial and regulatory risks
associated with the international nature of 's businesses; failure of Xperi's
products to achieve technological feasibility or profitability; failure to
successfully commercialize Xperi's products; changes in demand for the
products of Xperi's customers; limited opportunities to license technologies
due to high concentration in applicable markets for such technologies; the
impact of competing technologies on the demand for Xperi's technologies;
failure to realize the anticipated benefits of Xperi's recent acquisition of
DTS, Inc., including as a result of integrating the business of DTS; pricing
trends, including Xperi's ability to achieve economies of scale; the expected
amount and timing of cost savings and operating synergies; and other
developments in the markets in which Xperi operates, as well as management's
response to any of the aforementioned factors. You are cautioned not to place
undue reliance on the forward-looking statements, which speak only as of the
date of this release.
The foregoing review of important factors should not be construed as
exhaustive and should be read in conjunction with the other cautionary
statements that are included herein and elsewhere, including the Risk Factors
included in Xperi's recent reports on Form 10-K and Form 10-Q and other documents
of Xperi on file with the Securities and Exchange Commission (the
"SEC"). Xperi's SEC filings are available publicly on the SEC's
website at www.sec.gov. Any forward-looking statements made or incorporated
by reference herein are qualified in their entirety by these cautionary
statements, and there can be no assurance that the actual results or
developments anticipated by Xperi will be realized or, even if substantially
realized, that they will have the expected consequences to, or effects on,
Xperi or its business or operations. Except to the extent required by
applicable law, Xperi undertakes no obligation to update publicly or revise
any forward-looking statement, whether as a result of new information, future
developments or otherwise.
Xperi PR Agency Contact:
The Brand Amp
Nicole Fait, +1 949-438-1104
nicolef@thebrandamp.com
Xperi PR Contact:
Jordan Miller, +1 818-436-1082
jordan.miller@xperi.com
Xperi Investor Relations Contact:
Geri Weinfeld, +1 818-436-1231
geri.weinfeld@xperi.com
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