TECH Semiconductor Chooses Vector Express for High Productivity and Improved Performance
Posted on March 12, 2008
Filed Under Semiconductors
SAN JOSE, Calif., March 11 /PRNewswire-FirstCall/ — Novellus Systems,
Inc. (Nasdaq: NVLS), today announced that its VECTOR Express(TM) plasma
enhanced chemical vapor deposition (PECVD) system has been successfully
qualified for production at TECH Semiconductor. The Singapore-based DRAM
manufacturer has selected VECTOR Express for its productivity enhancements,
low defectivity and high yield at 300 mm.
The shipment also marks a major milestone in Novellus’ rapid growth in
the Southeast Asia market — this is the 100th 300 mm tool from Novellus to
be placed in the region.
“The unparalleled productivity demonstrated by VECTOR Express has
helped TECH Semiconductor continuously drive down cost of ownership in the
challenging DRAM marketplace,” said Andrew Goh, president of Novellus’
Southeast Asia operations. “TECH is pleased with Novellus’ responsiveness
and our commitment to improve productivity for a variety of applications,
including AHM, TEOS, SiN and SiON films.”
According to SEMI, the wafer processing equipment market in Southeast
Asia is expected to grow at a rate of more than 7 percent in 2008.
Singapore in particular continues to be a high-growth area for
semiconductor manufacturing, with the addition of several new fabs and the
expansion of existing ones.
“Southeast Asia is expected to be a growth region for semiconductor
manufacturing in the coming years — driven largely by memory
manufacturers,” said Tom Caulfield, executive vice president of sales,
marketing and customer service at Novellus. “Our focus has always been on
providing the highest value in capital productivity to our customers, and
introducing the VECTOR Express into this region is another example of our
goal to meet our customers’ need for tools with lower cost of ownership.”
About Novellus:
Novellus Systems, Inc. (Nasdaq: NVLS) is a leading provider of advanced
process equipment for the global semiconductor industry. The company’s
products deliver value to customers by providing innovative technology
backed by trusted productivity. An S&P 500 company, Novellus is
headquartered in San Jose, Calif. with subsidiary offices across the globe.
For more information, please visit http://www.novellus.com
“Safe Harbor” Statement under the Private Securities Litigation Reform
Act of 1995:
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including
statements relating to (i) the expectation that the wafer processing
equipment market in Southeast Asia will grow at a rate of more than 7
percent in 2008; (ii) the belief that Singapore continues to be a
high-growth area for semiconductor growth; (iii) the expectation that
Southeast Asia will be a growth region for semiconductor manufacturing in
the coming years and that such growth will be driven by memory
manufacturers and (iv) our goal of meeting our customer’s needs for tools
with lower cost of ownership. Forward-looking statements are subject to
risks and uncertainties that may cause actual results to differ materially
from those contemplated by the forward-looking statements. Such risks and
uncertainties include, but are not limited to, fluctuations in the wafer
processing equipment market; economic turmoil in Singapore and other parts
of Southeast Asia; increased costs and unforeseen disruptions in the
production of memory manufacturing; as well as other risks indicated in our
filings with the Securities and Exchange Commission (SEC). For more
details, please refer to our SEC filings and the amendments thereto,
including our Annual Report on Form 10-K for the year ended December 31,
2007, and our Current Reports on Form 8-K. Forward-looking statements are
made and based on information available to us on the date of this press
release, and we assume no obligation to update them.
VECTOR Express is a trademark of Novellus Systems, Inc.
SOURCE Novellus Systems, Inc.
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