Dave, it looks like LAM (from BW):
BW1171 AUG 11,1997 6:05 PACIFIC 09:05 EASTERN
( BW)(LAM-RESEARCH)(LRCX) Lam Receives $38 Million Order from
Hyundai; Order Includes Recently Launched Third-Generation Metal
Etchers
Business Editors/Computer Writers
FREMONT, Calif.--(BUSINESS WIRE)--Aug. 11, 1997--Lam Research
Corporation (NASDAQ:LRCX), a leading supplier of manufacturing
equipment to the worldwide semiconductor and flat panel display
industries, today announced that it has received a $38 million order
from Hyundai Electronics Industries (HEI) of Korea.
The order includes Lam's newly-introduced TCP 9600PTX
high-density metal etch systems, TCP 9400SE high-density polysilicon
etch systems, and Rainbow 4520 oxide etch systems. They will be
installed in Hyundai's first U.S. fab in Eugene, Oregon.
The new systems will be used for the volume production of
64-megabit dynamic random access memory (DRAM) devices with 0.35-micron feature sizes. System shipments will continue through February 1998. "Our etch equipment will play a pivotal role in Hyundai's first U.S. fab" said George Canavan, vice president of marketing, of Lam. "As Hyundai begins manufacturing for the first time in this country, Lam stands ready to meet their equipment and service needs and to continue growing our share of the etch market."
Last month, VLSI Research once again placed Lam on its list of 10
BEST Companies, an annual customer satisfaction survey. Lam is the
only process equipment supplier to have made VLSI Research's 10 BEST
list every year since the award was introduced in 1989.
In May both Dataquest and VLSI Research named Lam the world's top
supplier of etch equipment. This achievement for the 1996 period
marks the third time in four years that Lam has been chosen by the
industry's premier market analysts as the leader in the dry etch
equipment market. According to Dataquest, Lam commanded a 32 percent
share of the dry etch market during the reporting period, nearly
three percentage points more than its closest competitor. VLSI
Research assigned Lam a 30 percent share of the 1996 market, about
two points above its closest competitor.
Lam Research Corporation is a leading supplier of manufacturing
equipment and services to the world's semiconductor and flat panel
display industries. The Company's broad product portfolio is focused
on providing process solutions for dry etch, chemical vapor
deposition (CVD) and chemical mechanical planarization (CMP), three
essential steps in the fabrication of integrated circuits. Founded
in 1980, Lam makes its headquarters in Fremont, California, and
maintains customer support centers throughout the United States,
Europe, Japan, and the Asia/Pacific region to support its growing
customer base. Lam acquired OnTrak Systems, Inc., the leader in CMP
cleaning technology, in August 1997. The Company's common stock
trades on the Nasdaq National Market under the symbol LRCX. Lam's
World Wide Web address is lamrc.com .
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Safe Harbor Statement Under the Private Securities Litigation Act
of 1995: This press release contains certain forward-looking
statements, including, but not limited to, the successful release and
technological capabilities of the TCP 9600PTX. These statements are
subject to various risks and uncertainties that could cause results
to differ materially, including but not limited to changes in the
market, customer acceptance of new products, competition, and other
risks detailed from time to time in the company's SEC reports,
including the report on Form 10-Q for the quarter ended March 31,
1997. The company assumes no obligation to update the information in
this release.
-0-
Note to Editors: TCP and Rainbow are trademarks of Lam Research
Corporation.
--30--eh/sf* ba/sf
CONTACT: Lam Research Corp.
Lisa Garber, 510/572-4538
e-mail: lisa.garber@lamrc.com
David Ringler, 510/572-6848
e-mail: david.ringler@lamrc.com
or
The Benjamin Group
Michelle Boni, 408/559-6090 |
