did you guys miss this?
Lam Research Corporation Licenses MORI Etch Technology From Trikon Technologies
FREMONT, Calif.--(BUSINESS WIRE)--April 2, 1998--Lam Research Corporation (NASDAQ:LRCX), a leading supplier of wafer fabrication equipment to the worldwide semiconductor industry, today announced the purchase of a non-exclusive, worldwide license of Trikon Technologies, Inc. (NASDAQ:TRKN) MORI source technology.
The key benefit of the MORI technology is a higher density plasma source.
"We are always looking for ways to strengthen our etch technology portfolio," said Dr. Greg Campbell, vice president and general manager of the Etch Products Group and inventor of the MORI technology. "Lam's market leading TCP(tm) products have demonstrated capability to the 0.13 micron level. The MORI source may provide the capability to meet plasma etch requirements at the .10 micron device generation. We have the knowledge, know-how and technologists necessary to successfully apply the MORI technology to Lam's products."
Lam will take a $12.1 million charge during third quarter fiscal year 1998, including $2 million for the purchase of a research and development system from Trikon. The remainder of the license fees and royalties (up to $10 million) will be charged to future periods as incurred.
This press release contains certain forward-looking statements, including, but not limited to, the release of new products and expansion into other markets. These statements are subject to various risks and uncertainties that could cause results to differ materially, including but not limited to industry acceptance of MORI technology, a continued downturn in the semiconductor market, competition, and other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended June 30, 1997 and the Form 10-Q for the quarter ended December 31, 1997. The company assumes no obligation to update the information in this release.
Lam Research Corporation is a leading supplier of wafer fabrication equipment and services to the world's semiconductor industry. Lam's headquarters are located in Fremont, California. The Company's common stock trades on the Nasdaq National Market under the symbol LRCX. Lam's World Wide Web address is lamrc.com.
CONTACT:
Lam Research Corp.
Lisa Garber (corporate communications), 510/572-4538
lisa.garber@lamrc.com
Kathleen Bela (investor relations), 510/572-4566
kathleen.bela@lamrc.com
or
Technical Marketing Programs
Donna Bakale/Shawn Lynch, 408/737-0285
donna@technicalmarketing.com
shawn@technicalmarketing.com |
