• Shipments in first quarter 2008 were 424.8 thousand wafers, an increase of 42.0 percent compared to 299.2 thousand wafers in first quarter 2007. Shipments in first quarter 2008 increased by 10.9 percent compared to 383.2 thousand wafers shipped in fourth quarter 2007. Shipments including Chartered’s share of SMP were 457.2 thousand wafers, an increase of 40.4 percent compared to 325.6 thousand wafers in first quarter 2007. Shipments including Chartered’s share of SMP in first quarter 2008 increased by 10.0 percent compared to 415.5 thousand wafers shipped in fourth quarter 2007.
• ASP was $892 per wafer in first quarter 2008, compared to $899 per wafer in fourth quarter 2007. ASP including Chartered’s share of SMP was $885 per wafer in first quarter 2008 compared to $889 per wafer in fourth quarter 2007.

Capacity and Utilization

Capacity utilization in first quarter 2008 was 86 percent compared to 70 percent in the year-ago quarter, and 81 percent in fourth quarter 2007. Total capacity in first quarter 2008 was up approximately four percent sequentially. Capacity utilization is based on total shipments and total capacity, both of which include Chartered’s share of SMP.