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Chartered reports fourth quarter and 2007 results

(Business News, 12 Feb 2008 )

Chartered Semiconductor Manufacturing, one of the world’s top dedicated semiconductor foundries, recently announced its results for fourth quarter and year ended December 31, 2007.

“Chartered revenues and revenues including our share of SMP in fourth quarter 2007 were down approximately one percent compared to the previous quarter, coming in above the high end of the guidance we had provided on December 14, 2007. Revenues from 0.13-micron and below technologies, including those from 65 nanometer (nm), accounted for 48 percent of our total business base revenues. Revenues from 65nm alone, including both SOI and bulk technologies, more than doubled in dollar terms compared to second quarter 2007 when we started commercial production, and represented 13 percent of our total business base revenues. We ended the quarter with a net income of $6 million, in line with our previous guidance,” said George Thomas, senior vice president and CFO of Chartered.

A full report can be found on the Company’s website.

Chartered Semiconductor Manufacturing

 
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