GalaxyCore Microelectronics Reaches New Milestone with SMIC

GalaxyCore Microelectronics Inc. (hereinafter referred to as "GalaxyCore"), a leading CMOS Image Sensor (CIS) design company in China, today announced that it has reached a new milestone with its key foundry partner Semiconductor Manufacturing International Corporation ("SMIC", NYSE: SMI and SEHK: 0981.HK) and shipped 100,000 8" wafers.

GalaxyCore, as a leading CIS design company in China, is dedicated to the development of CIS product design. GalaxyCore owns innovative CIS core technologies. Its CIS products are relatively small in size, low in power consumption and cost and have outstanding image quality. In addition, the products features also include color correction, noise elimination, and image resize. As for the 0.13um and 0.153um CIS process its foundry partner SMIC uses to manufacture GalaxyCore's products has the least photo layers in the industry and is thus the most cost-effective.

"With GalaxyCore's innovative design and patented CIS pixel construction and technology as well as SMIC's outstanding process and excellent yield performance, we may ensure that our CIS products quality performance is close to CCD image quality and yet have the advantages of low power consumption and low cost that CCD image sensors cannot compete with," said the CEO of GalaxyCore, Stanley Zhao. "In addition, quality assurance and product recognition go hand in hand. To work with a foundry with the size and advanced technologies like SMIC, we can guarantee to provide our customers with products of the best quality."

Chris Chi, Senior Vice President and Chief Business Officer of SMIC said, "GalaxyCore has more than 40% of the CIS VGA market share and is currently the largest in China. Together with SMIC, the largest foundry in China, we have confidence to better serve China's rapid growing consumer electronics market and enhance the VGA market penetration."

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