Junko Yoshida
3/21/2013 5:20 PM EDT

SHANGHAI – Semiconductor Manufacturing International Corp. (SMIC), for the first time in a long time, has a good story to tell.
 
The company hopes to put to bed the industry’s collective memory of SMIC as a huge Chinese foundry hip-deep in red ink, pursued by its Taiwanese rival in litigation, and paralyzed by internal management turmoil.
 
In contrast, the new SMIC comes with record-high revenue—$1.7 billion for the full year of 2012—positive income of $15.9 million (the company’s highest in seven years), and a smiling, personable CEO, Tzu-Yin Chiu, who took the company’s helm in August, 2011.
 
In the first one-on-one interview given to the Western media since he became SMIC’s CEO, Chiu carefully chose his words as he laid out his company’s short, medium and long-term strategies Thursday (March 21). In an exclusive conversation with EE Times at SMIC headquarters here, he touched on everything from the company’s sub 40-nm strategy to his view on fully depleted silicon on insulator (FDSOI) technology. He also covered SMIC’s relationship with IBM and financing for its Beijing fab expansion.

Read full article at EETimes.com