21 Mar '13, 9pm

Exclusive: SMIC's CEO makes utilization first focus

Instead of speaking with bravado of how he plans to compete with the world’s biggest foundry—Taiwan Semiconductor Manufacturing Co. (TSMC)—the low-key CEO spoke more about execution. In Chiu’s mind, the pressing issue for SMIC is to demonstrate to the world that SMIC can “continue to grow and thrive in a foundry environment,” as he put it. If the last several quarters are any indications, the new plan is going well. But the obvious question is whether the good news keeps coming. How long can SMIC sustain its current quarter-after-quarter growth? As the chip industry knows, the foundry business is not for the faint-hearted. The semiconductor market regularly revolves in cycles of shortage and overcapacity, with sometimes dramatic fluctuations in end-market demands, while everyone sweats the future of next-node process technology. Cautiously, Chiu’s interview rarely strayed ...

Full article: http://www.eetimes.com/electronics-news/4410435/SMIC-s-ch...

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