WUHAN, CHINA -- (Marketwire) -- 02/04/13 -- WXIC (Wuhan Xinxin Semiconductor Manufacturing), a leading 12" semiconductor manufacturing company in China, today announced the appointment of two new members to its executive team, Dr. Walter F. Lange and Dr. Shaoning Mei, who will head the company sales and marketing, and technology development, respectively. With decades of expertise in various aspects of the semiconductor industry, Lange and Mei will play an integral part in the leadership and growth of the company.

Dr. Walter F. Lange has been appointed as Senior Vice President of Marketing and Sales. Previously, he served as Vice President of Marketing for Chartered Semiconductor (now part of Global Foundries). Before joining Chartered, he served for 28 years at IBM where he held multiple management positions in CMOS technology development and marketing. Most recently he specialized in developing partnerships and was a key driver behind the formation of the IBM Common Platform. He received his PhD in Metallurgical Engineering at Michigan Technological University.

"This is an exciting time to join WXIC. This company has tremendous potential to change the landscape and traditional business model of the semiconductor industry. Our focus on developing a broad base of management excellence will help drive a new level of customer partnerships across a global customer base," Dr. Lange said.

Dr. Shaoning Mei joins WXIC as the chief technology officer (CTO). In this newly created position, Dr. Mei will be responsible for defining and developing specialized foundry technology platforms in conjunction with the company's partners. He will also be responsible for building a world class technology development team at WXIC. Dr. Mei has more than twenty five years of experience in research, development, and technology transfer. Prior to joining WXIC, he served as CTO at Huanghong NEC Electronics Co., Ltd, one of Mainland China's leaders in the field of IC foundry services. Additionally, he served in senior positions at Philips Semiconductors (NXP) and at IBM. He received his PhD in Physics from Rensselaer Polytechnic Institute.

"These are important new additions to our team that will have immediate impact on how we work with partners and in strengthening the technology offering our company can deliver. Their experience and track records of success in the industry underscore my commitment to creating a best of breed management team," Dr. Simon Yang, CEO, said. "With these two exceptional additions to my staff, we are well positioned to take the next steps in transforming WXIC into a world-class partner."

About WXIC
WXIC is a leader in NOR flash memory production and in 300 mm fabrication capabilities. The company offers comprehensive 300 mm foundry services built on proven technology expertise and a commitment to customer service excellence. It first began production in 2008 and is headquartered in Wuhan, China. More information can be found at www.wxics.com