SMIC Participates in Signing Ceremony Between U.S. and Chinese Companies and U.S. - China Hi-Tech Cooperation Forum

SMIC Participates in Signing Ceremony Between U.S. and Chinese Companies and U.S. - China Hi-Tech Cooperation Forum

May 10, 2007

    SAN FRANCISCO, May 10 /Xinhua-PRNewswire/ --
Semiconductor Manufacturing International Company
("SMIC", NYSE: SMI; SEHK: 981) participated today
in the Signing Ceremony of Contracts and Agreements between
U.S. and Chinese Companies and the U.S- China Hi-Tech
Cooperation Forum held in San Francisco, California.

    (Logo: http://www.xprn.com.cn/xprn/sa/200611101605.jpg
)

    The event, which was presented by the U.S. Information
Technology Office (USITO) and the China Chamber of Commerce
for Import and Export of Machinery and Electronic Products
(CCCME), embodies the progression of U.S. - China trade
relations.  The program of events included a signing
ceremony between various US and Chinese Companies from the
high-tech industry and remarks given by representatives of
the People's Republic of China's Ministry of Commerce, the
City of San Francisco, the China Consulate of San
Francisco, CCCME, USITO, and the State of California as
well as the Hi-Tech Cooperation Forum.  The forum also
included presentations by the participating signing
companies from the U.S. and China - including SMIC.  

    As part of the Ceremony, SMIC signed six LOIs (Letters
of Intent) outlining plans to purchase semiconductor
manufacturing equipment from top American equipment
vendors.  The LOIs are with several vendors, including
Applied Materials, Axcelis, KLA-Tencor, Lam Research,
Novellus and Varian Semiconductor (in alphabetic order),
and total US $1.86 billion over three-year periods.  Sam T.
Wang, President of SMIC Americas, was also scheduled to give
a brief presentation on behalf of SMIC.  "As part of
the world's semiconductor community, SMIC is proud to serve
as an `ambassador' of economic relations between the US and
China for this ceremonial event.  We believe that the US
and China's trade relation is critical to the development
of the high-tech industry and to global trade as a whole. 
We are currently at a crucial point in the world-wide
development of the semiconductor industry and we are happy
to aid in this growth," says Mr. Wang.

    About SMIC

    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, providing
integrated circuit (IC) manufacturing service at 0.35
micron to 90 nanometer and finer line technologies.
Headquartered in Shanghai, China, SMIC operates three 200mm
fabs in Shanghai and one in Tianjin, and one 300mm fab in
Beijing, the first of its kind in Mainland China.  SMIC has
customer service and marketing offices in the U.S., Italy,
and Japan as well as a representative office in Hong Kong.
For additional information, please visit
http://www.smics.com .




    For more information, please contact:

    SMIC Shanghai
     Reiko Chang
     Corporate Relations
     Tel:   [phone] x10544
     Email: [e-mail]