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Technology Stocks : Semi Equipment Analysis

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Nov 28 4:00 PM EST

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From: Donald Wennerstrom	5/3/2005 11:28:31 AM
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ASML Wins Contract with ProMOS for New Fab in Taiwan << 3 May 2005, 08:00am ET VELDHOVEN, Netherlands--(BUSINESS WIRE)--May 3, 2005--ASML Holding NV (ASML) today announced that it had won a contract from ProMOS Technologies (ProMOS or the Company), a leading memory manufacturer, to supply lithography equipment to its new 300 mm wafer fab in Taiwan. This contract increases the presence of ASML in the Taiwanese memory market which produces one-fifth of the world's DRAM devices. No financial details are being disclosed. "ProMOS is positioning itself to be a long-term winner in the DRAM industry through technology advancement in 300 mm fab and nanometer technology node, said Dr. Len Mei, senior vice president of the manufacturing group at ProMOS. "Our new facility and the systems supplied by ASML will be at full production for the anticipated market growth in 2006." The ProMOS Taichung facility expects to produce 80,000 wafers per month by 2009, giving it the largest capacity of all 300 mm fabs. ASML began installing equipment, including its TWINSCAN(TM) AT:850, in April 2005.>>

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