Chartered and STATS Collaborate to Provide Bump Sort and Flip Chip Assembly Solutions.Business Editors/High-Tech Writers MILPITAS, Calif. & SINGAPORE--(BUSINESS WIRE)--Sept. 18, 2003 STATS Joins Chartered's NanoAccess Alliance; Targets advanced technology requirements for turnkey chip assembly solutions Chartered Semiconductor Manufacturing Chartered Semiconductor Manufacturing SGX: C27 NASDAQ: CHRT (abbreviated CSM) is the world's fourth largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Woodlands Industrial Park, Kranji Singapore. (Nasdaq:CHRT CHRT Canadian Human Rights Tribunal CHRT Chert (lithological term) CHRT Consolidated Human Resource Technology )(SGX-ST: Chartered), one of the world's top three dedicated semiconductor foundries, today announced the qualification of ST Assembly Test Services Ltd. ("STATS" - NNM NNM Network Node Manager NNM NASDAQ National Market (financial) NNM National Nutrition Month (March; American Dietetic Association) NNM Naryan-Mar (Russia) NNM Net New Money : STTS STTS System Test & Troubleshooting Station STTS Service Tunnel Transport System (Channel Tunnel) and SGX SGX Singapore Exchange SGX Supergreenx (trance/electronic musician) : ST Assembly), a leading independent semiconductor test and advanced packaging service provider, as a strategic partner for providing turnkey bump sort and flip chip A chip packaging technique in which the active area of the chip is "flipped over" facing downward. Instead of facing up and bonded to the package leads with wires from the outside edges of the chip, any surface area of the flip chip can be used for interconnection, which is typically done assembly solutions that are optimized for Chartered's advanced technology manufacturing processes. As part of the companies' ongoing collaboration, STATS also joined Chartered's NanoAccess(TM) Alliance to target turnkey solutions for Chartered's 90-nanometer (nm) system-on-chip (SoC) manufacturing technologies. The qualification process initially involved STATS performing its sort and assembly capabilities to deliver a functional 0.13-micron SRAM See static RAM. SRAM - static random-access memory test chip package, 27 millimeter (mm) by 27mm in size and featuring a silicon die with 1,500 bumps and bump area array of 180-micron pitch. "Chartered's collaboration with STATS is an important value-added customer service offering that reduces supply-chain complexity and enables companies to achieve their chip functionality and time-to-market objectives," said Kay Chai "KC" Ang, senior vice president of fab operations at Chartered. "We're pleased that STATS has joined our NanoAccess Alliance, and we support their efforts to expand further their back-end turnkey capabilities and specifically target the advanced technology requirements of leading semiconductor companies." As an inaugural member of Chartered's NanoAccess Alliance, STATS joins the extensive ecosystem of industry-leading library, electronic design automation, intellectual property, and outsourced design and manufacturing services companies. The NanoAccess Alliance brings together critical SoC technologies and services with Chartered's NanoAccess semiconductor manufacturing processes for 90nm and beyond. Chartered and the NanoAccess Alliance companies promote access to open design solutions that allow foundry customers more control over their leading-edge design and manufacturing options. (See September 18, 2003 press release, "Chartered Launches NanoAccess Alliance to Enable Chip Design on Foundry-Proven 90nm Process Platform") "Chartered's network-driven model for working with companies such as STATS helps to reduce risk from design conceptualization con·cep·tu·al·ize v. con·cep·tu·al·ized, con·cep·tu·al·iz·ing, con·cep·tu·al·iz·es v.tr. To form a concept or concepts of, and especially to interpret in a conceptual way: through to packaged chip. This is especially important for companies contemplating the transition to leading-edge technologies at 90nm and beyond," said Dr. Han Byung Joon, chief technology officer at STATS. "We are excited to be part of Chartered's NanoAccess Alliance and look forward to supporting the needs of our mutual customers." About Chartered Chartered Semiconductor Manufacturing, one of the world's top three dedicated semiconductor foundries, is forging a customized approach to outsourced semiconductor manufacturing by building lasting and collaborative partnerships with its customers. The Company provides flexible and cost-effective manufacturing solutions for customers, enabling the convergence of communications, computing and consumer markets. In Singapore, Chartered operates five fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. facilities and has a sixth fab, which will be developed as a 300mm facility. A company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (Nasdaq: CHRT) and on the Singapore Exchange “SGX” redirects here. For other uses, see SGX (disambiguation). Singapore Exchange Limited SGX: S68 (SGX) is the stock exchange in Singapore. SGX was formed on December 1 1999, following the merger of two established and well-respected financial (SGX-ST: CHARTERED). Chartered's 3,500 employees are based at 11 locations around the world. Information about Chartered can be found at www.charteredsemi.com. Chartered Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the provisions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 This news release may contain forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties, which could cause actual results to differ materially. Among the factors that could cause actual results to differ materially are: the difficulties, interruptions or unforeseen delays in the implementation of our collaborative efforts with STATS; changes in market outlook and trends; customer demands; rate of semiconductor market recovery; economic conditions in the United States as well as globally; the performance level of and technology mix in our fabrication facilities and competition. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained. In addition to the foregoing factors, a description of certain other risks and uncertainties which could cause actual results to differ materially can be found in the section captioned "Risk Factors" in our Annual Report on Form 20-F and our First Quarter 2003 Quarterly Report on Form 6-K filed with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About STATS ST Assembly Test Services Ltd. ("STATS" - NNM: STTS and SGX: ST Assembly), is a leading semiconductor test and assembly service provider to fabless companies, integrated device manufacturers and wafer foundries. With its principal operations in Singapore and global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. in the United States, United Kingdom, Japan, China and Taiwan, STATS offers full back-end turnkey solutions to customers worldwide. STATS' expertise is in testing mixed-signal semiconductors, which are extensively used in fast growing communications applications such as data networking, broadband and mobile communications. STATS also offers advanced assembly services and has developed a wide array of traditional and advanced leadframe and laminate based products, including various ball grid array “BGA” redirects here. For other uses, see BGA (disambiguation). A ball grid array (BGA) is a type of surface-mount packaging used for integrated circuits. packages to serve some of the world's technological leaders. STATS was listed on the Nasdaq National Market and The Singapore Exchange in January 2000 and is in the Morgan Stanley Capital International Morgan Stanley Capital International (MSCI) This firm publishes a number of well known benchmarks, such as the MSCI World Index. (MSCI) Index and the Straits Times Industrial Index. Further information is available at www.stts.com Certain statements in this press release including statements regarding industry growth are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. Factors that could cause actual results to differ include the interruptions and unforeseen delays in the NanoAccess Alliance program with Chartered; difficulties in implementing turnkey bump sort and flip chip assembly solutions for 90nm applications; general business and economic conditions and the state of the semiconductor industry; demand for end-use applications products such as communications equipment and personal computers; reliance on a small group of principal customers; decisions by customers to discontinue outsourcing of test and assembly services; changes in customer order patterns; rescheduling or canceling of customer orders; changes in product mix; capacity utilization Capacity Utilization measures the rate at which a firm makes use of their capital productive capacities, such as factories and machinery. Capacity Utilization generally rises when the economy is healthy and falls when demand softens. ; level of competition; pricing pressures including declines in average selling prices; continued success in technological innovations; delays in acquiring or installing new equipment; shortages in supply of key components; availability of financing; exchange rate fluctuations; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and other risks described from time to time in the Company's SEC filings, including its annual report on Form 20-F dated 31 March 2003. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. NanoAccess is a trademark of Chartered Semiconductor Manufacturing. All other trademarks are the property of their respective owners. |
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