In November 2009, Richard Chang resigned as CEO and was replaced by David N.K. Wang (Traditional Chinese: 王寧國), a former executive of Hua Hong (Group) Co., Ltd. and Applied Materials.
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In early 2009, Harvard Business School wrote a case study on SMIC's business model, characterized as a Reverse Build-Operate-Transfer (BOT).
The school was founded by Semiconductor Manufacturing International Corporation (SMIC) in 2001 and by 2009 had over 1,450 students.
A foundry is a fab at which semiconductor chips or wafers are fabricated to order for third party companies that sell the chip, such as fabs owned by Taiwan Semiconductor Manufacturing Company (TSMC), United Microelectronics Corporation (UMC) and Semiconductor Manufacturing International Corporation (SMIC).
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Qimonda has other strategic alliances with China-Singapore Suzhou Industrial Park Venture Co., Ltd., SMIC, Winbond Electronics Corporation, IBM, Altis, AMD (for ATI graphics products), Toppan Photomasks, Spansion, and Sandisk.