Core chip April day, in the long telegram welcomed China's semiconductor's strongest hand in hand.

On April 28, 2016, smic's announcement: on April 27, 2016, the core power of Shanghai (the company indirectly wholly-owned subsidiary) conclude with long telegram technology sale agreement, on this basis, the core electrical Shanghai agreed to long telegram of technology in the sale of its holding 19.61% stake in the company a, price 664 million yuan will be for long telegram according to 15.36 yuan per share to the core of science and technology electric Shanghai issued 43229166 shares in the price to pay. On April 27, 2016, core electric Shanghai with long telegram technology subscription agreement is concluded, therefore, agree subscribe and long telegram technology core electric Shanghai issued 150681044 shares, cash price for the subscription price of 2.655 billion yuan.

Smic paid $400 million m plus before when star division chippac the $100 million of equity into the equity of long telegram technology, smic become long telegram single largest shareholder of science and technology. And in the long telegram technology under the condition of the board of directors is composed of nine directors, smic will nominate two directors.

Listen to the thunder in the silent. Smic together long telegram, both friendship boat must not to say that the building was built, but the boat today, is the carrier of tomorrow. The joint of smic, long telegram science and technology, and even the global semiconductor industry structure in China have important and far-reaching influence.

Big fund of the driver: "big" layout, do the "base" development, there is the "gold"

Good thing always more ground, let alone a match made in heaven! The driver is core to long telegram important in national large funds. 2015 funds have respectively to smic, long telegram core long telegram investment in science and technology, and both sides of the joint venture company, become a shareholder in the joint.

The big funds out of the "money" out of "force", promote enterprise cooperation, promote the industrial convergence, really play a big fund industry backbone and driving force. The long telegram to the core, is big fund "number one project" in 2016.

Layout industrial foundation, promote enterprise development, and provide value-added services, promoting the integration of the industry, every four. Big fund strategy of "big", "base" development, there is the "gold", more worthy of the industry is looking forward to!

Smic teamed up with long telegram: "long" far "electricity".

In recent years, smic in the meteoric rise of the big four Foundry plant, bright eye. Sales revenue of $2015 in 2.24 billion, both growth and gross margin is more than previous highs, net profit was $253 million, net interest rate rise to 11.33%, all the indexes of record in history. Since 2011, smic compound annual growth rate of 14.1%, second only to 17.2% of TSMC, far higher than behind umc's 7.5% and 3.4% of the Global Foundry, ranks the second in four big Foundry. Not only that, but in gross margin, net interest rate, capital expenditure sales conversion rate and net profit on important indicator of evaluation enterprise such as the conversion rate, smic is behind of the big four Foundry TSMC's second! With facts proved that the "Chinese companies can also be wafer manufacturing".

As the industry expects of smic is far higher than its performance, smic is never satisfied on achievements, the pursuit of the future is to never stop.

With the evolution of the process and technology, customer demand for manufacturing, packaging and other one-stop services becomes a trend, the combination of manufacturing and packaging more and more important. Can do a good job in Foundry and, of course, "More thanFoundry", smic has been considering how to make full use of resources, play their own advantages, improve the industry layout, service customer needs. Military commander and encapsulation, especially 3 d packaging has become a battleground.

Forward-looking smic has envisioned and consistently positive layout middle process and advanced packaging. 2014 years core international joint venture and long telegram technology core long telegram jiangyin landing, kicked off the smic new layout of the industrial chain upstream and downstream.

To break contract a single business restrictions, to achieve the grand goal of billion-dollar smic had been seeking greater industry layout. The long telegram together, into the encapsulation, open new layout, a-share market industry is the core to break and interpreta dream important hand!

Smic long telegram, "in" "long". In the medium term, the two big mergers, customer sharing, resource sharing, can provide customers with a new, comprehensive and more value-added services, will make the performance of both increased substantially. In the core and long telegram sales sum of nearly $5 billion in 2015, overall reached $10 billion, is expected to double in 2020 into the global top ten semiconductor enterprises. In the long run, the core and long telegram, both complementary closely with upstream and downstream, reshape the industry pattern, and with the aid of a-share market capital power, will achieve A greater breakthrough. The future become more important global semiconductor manufacturing "China power", realize the scale of the more than 100 billion yuan, into the world's top five. For the leap-forward development of China's semiconductor industry to make greater contribution!

Long telegram technology embrace smic: more "core", more "international".

As local growth of packaging enterprise, long telegram technology never meet the "local king" - although only chairman Wang Xinchao referred to as "the king", and "old". 2014 acquisition of star chippac, but also the important step of its internationalization. But for a private enterprise, management scale is greater than their international company, handing over the "1 + 1 > 2" report card, is to the long telegram integration ability, management ability and operation ability of the "big test". At this point in time, long telegram embrace smic science and technology, both in the short, medium and long term, are correct and wise.

In the short term, acquisition in the red star chippac pressure of all-round, and how to quickly implement earnings is the important reason for the long telegram technology be badly in need of help; The medium term, acquisition of star chippac and future international challenges, make long telegram urgent demand for international management and international talents. And encapsulation leading and internationalization with the localization of manufacturing leader of big mergers, more make the two sides have complementary advantages; In the long run, customers "one-stop service" requirements for manufacturing more "urgent and comprehensive", also make the long telegram has been thinking and operation industry upstream and downstream of the "nation".

Tactically, teamed up with the direct effect of wafer manufacturing and collaboration from the industrial chain, are more likely to undertake the encapsulation of smic's customers order. Strategically, smic wafer manufacturing process to during and after an extension of the period of packaging technology, more benefits to the raise of long telegram technology advanced packaging technology, raise its profitability.

Smic international team and international management experience, and accumulated valuable experience of "turnaround", rich management experience and international advantage, it is most in need of long telegram today; The long telegram technology based on native China, after years of operating experience and profound accumulation in the field of packaging, for the present positive ground smic is also valuable wealth. The two sides have complementary advantages, and to get fully embodies the "1 + 1 > 2" synergy effect.

As if the buy-out star division chippac is a shortcut to long telegram business internationalization of science and technology, then introduced smic is further internationalization in talent, management and operation of Bridges. As a private enterprise, long telegram has dared to "take" energy science and technology, have the courage to "na skinner to mind." Borrow industry breakthrough, realize the internationalization, this is the long telegram appeal, but also the future of long telegram.

In addition, on the basis of industry partnerships, plus long telegram technology in a-share capital platform - the "source" of capital can bring the industrial chain of "flourishing", more will portray A new "core" in the future, the new "long telegram" prospects.

Shang Wuou meet, tiger yunlong wind, xing "king" in the joke!

Industrial chain integration new broken: close long will points, long period of division.

Smic long telegram cooperation realize the complementary advantages, through the industrial chain of fusion, to provide turnkey services to customers, reduce customer production threshold, shortened product time-to-market, for China's numerous small and medium-sized design company has special important significance. Manufacturing and packaging of closer integration, OEM and encapsulation unity of "new manufacturing" let the design company can focus more on the design of the front end, focus on how to strengthen the product design. , good at their long, this is the new trend of semiconductor industry, the future will become the new normal. Under the new normal for design professionals, the completion of its architecture, chip design, just need a dock entrance, you can enjoy the nanny, "one-stop" work style, package type service, how convenient, He Jishan zai. Perfect design future IP foundry industry chain, industry chain, will make the system vendors provide the design requirements and parameters, only can complete the whole organic closed-loop system design, manufacture, testing process, rapid transition and marketization. Industry integration make future industry form full of imagination!

Win-win co-operation, easier said than done. Smic and long telegram technology in the field of wafer manufacturing and packaging made from mainland China, is one of the world's top five enterprises, have their own "river lake", but also to put down the "eldest brother" on both sides, active teamed up with each other, this is not only the core and the progress of the long telegram, is not only the core management and improvement of the management of the long telegram, is China's semiconductor entrepreneurs and the progress of the whole industry form.

"Combination" of the "new" company structure is full of imagination: smic, long telegram long telegram, the foundry technology and wafer manufacturing, middle convex block, after a period of testing, not only become the leader of the domestic semiconductor manufacturing, more let the two sides in participates in the international market competition.

This is by far the most heavily in the domestic semiconductor industry chain cooperation, cooperation with imagination. Best wishes in long telegram friendship between boat soon become the carrier of the semiconductor, it bears the future for the development of China's semiconductor industry companies ambition, industry work, national determination!

Based on the "long" far, IC xing "in". Industry of us look forward to!