NSIG, the officially sanctioned materials group in China, announced that they have retained Mr. Nabeel Gareeb, former CEO of MEMC Electronic Materials Inc., to help them establish a materials eco-system to support the growth of the semiconductor industry in China.

      作为中国一家得到政府支持的材料集团，NSIG宣布已聘请美国MEMC电子材料公司前首席执行官Nabeel Gareeb先生，以致力于建设材料生态体系，支持中国半导体产业的成长。

Stated Dr. Xi Wang, Chairman of NSIG – “It is an honor for us to be able to obtain Mr. Gareeb’s assistance to create a more integrated supply chain in China, especially in the materials arena.  Although NSIG is only 18 months old, we are confident that with Mr. Gareeb’s guidance and leadership we will be able to establish a significant presence in China and on the world stage in a short period of time”.

     NSIG董事长王曦院士说：“我们很荣幸能够得到Gareeb先生的协助，在中国建设更加紧密的产业链，尤其在材料领域。尽管NSIG成立仅18个月，我们坚信在Gareeb先生的领导下，NSIG能够在较短时间内在中国乃至世界舞台上扮演一个重要的角色。”

Stated Mr. Kai Ren, Vice Chairman of NSIG, and Vice President of Investments at Sino IC Capital – “We are pleased to have Mr. Gareeb lead NSIG’s evolution in supporting the materials ecosystem for China.  We continue to be very supportive of NSIG’s exclusive mission, and look forward to acceleration of the work that has been started”.

       NSIG副董事长、华芯投资副总裁任凯先生说：“我们很高兴由Gareeb先生来领导NSIG的发展，支持建设中国的材料生态系统。我们将继续大力支持NSIG的独特使命，加速推进已经开展的工作。”

Stated Mr. Gareeb – “After several years of private work, I have decided to re-engage in the public sphere to again help create enterprises that can eventually be self-funding.  Based on the customer demand, employee talent, and early institutional funding, I believe NSIG is well positioned to grow and support the burgeoning Semiconductor industry on the mainland, and I am excited to be able to assist in its evolution.  As an example, NSIG started by focusing on the wafer part of the materials eco-system, and is currently funding the installation of several hundred thousand wafers per month of 300mm wafering capacity, placing it in a unique position during a period where the industry capacity is anticipated to be fully utilized.  This capacity is starting its production ramp, and may grow to one million 300mm wafers per month to support local and global demand”.  

      Gareeb先生表示：“过去几年我从事一些私人的工作，现在我决定重新回到公众领域，再次来创建能够自我发展的企业。综合考虑客户需要、人才队伍以及前期资金募集等因素后，我认为NSIG在中国大陆蓬勃发展的半导体产业中占据了非常有利的位置，我十分愿意来帮助它成长。举例来说，为建设材料生态系统，NSIG首先聚焦于发展硅片，将投资建成每月几十万片300毫米硅片的产能，并取得一个独特的市场地位，而这一时期全部硅片产业都预期达到100%满产。这个产能只是一个起步，最终我们将实现月产100万片300毫米硅片，以满足国内和全球的市场需求。”

       For further information contact:

       进一步信息请联系：

       Dr. Wei Li, EVP, Administration and Investor Relations, NSIG

       Phone: +86-13816396826,   Email: wli@sh-nsig.com

       李炜博士，执行副总裁（行政和投资者关系），上海硅产业投资有限公司

        电话：+86-13816396826，Email: wli@sh-nsig.com

 NSIG was formed in December, 2015, and is headquartered in Shanghai. It is a shareholder of Okmetic (200mm and smaller diameter wafers), Simgui and Soitec (SOI substrates), and Zing Semiconductor (300mm diameter wafers).   NSIG counts Sino IC Capital and Guosheng Capital as its largest shareholders.

        NSIG成立于2015年12月，总部位于上海，投资控股或参股了Okmetic（200毫米及以下硅片）、新傲科技、Soitec（SOI片）和新昇半导体（300毫米硅片），其两个最大股东是国家集成电路产业基金和上海国盛集团。

Mr. Nabeel Gareeb was formerly the CEO of MEMC Electronic Materials, Inc., a semiconductor and solar wafer manufacturer.  Prior to MEMC, Mr. Gareeb was the COO of International Rectifier Corporation, a power semiconductor device manufacturer.