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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: etchmeister who wrote (1730)10/28/2005 11:30:11 PM
From: etchmeister  Read Replies (1) of 1929
 
Varian Semiconductor's Single Wafer High Current Ion Implanters Selected by Elpida
VSEA Will Ship Over Ten VIISta HC Systems to Elpida in 2005

GLOUCESTER, MA, Aug 03, 2005 (MARKET WIRE via COMTEX) -- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA) announced today that it has received a significant number of orders for its VIISta(TM) HC single wafer high current ion implanter from Elpida Memory, Inc. Multiple tools have already shipped to Elpida's fabs in Hiroshima, Japan, and the balance of the tools will ship in the next several months.

Elpida placed orders for Varian Semiconductor's VIISta HC single wafer high current ion implanters for the first time, further expanding the Company's considerable lead in the single wafer high current market. "We have a significant lead in single wafer high current and with Japan starting to make the transition from batch to single wafer, we expect to further accelerate our market share gains in implant this year," said Gary Dickerson, chief executive officer of Varian Semiconductor. "With over 100 single wafer high current systems in Asia alone, Elpida felt confident we could provide them with a production-proven technically superior tool, with the expertise needed to help them make the transition away from older batch systems. The architecture advantages of the VIISta HC provide higher productivity, much better particle counts and outstanding device performance. The combination of these advantages is creating significant demand for our VIISta HC high current ion implanters."

The global shift to single wafer ion implanters is driven by both the sensitivity of advanced devices to contamination and the requirement for highly precise, zero degree implant angle accuracy. The VIISta HC single wafer ion implanter is the only system featuring a dual magnet ribbon beam architecture which provides the lowest contamination levels in the industry. In addition, the VIISta HC's unique closed-loop Varian Positioning System (VPS(TM)) offers interlockable angle control for true zero degree applications. These features, combined with tight beam steering control (I suppose angle), assure precise implant placements required in sub-90nm ultra-shallow junction devices. The VIISta HC is a member of the VIISta suite of ion implanters -- the only proven single wafer platform solution for all production applications with over 300 systems installed worldwide.

About Varian Semiconductor

Varian Semiconductor Equipment Associates, Inc. is the leading producer of ion implantation equipment used in the manufacture of semiconductors. The Company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in the Company's web site is not incorporated by reference into this release, and the web site address is included in this release as an inactive textual reference only.

Note: This release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the Company's performance, market share and technology leadership, technological capabilities and benefits are forward-looking statements and any statements using the terms "believes," "anticipates," "expects," "plans," or similar expressions are forward-looking statements. There are a number of important risks and factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the Company's customers; significant fluctuations in the Company's quarterly operating results; the impact of rapid technological change; the Company's dependence on the development and introduction of new products; the Company's concentration on ion implantation systems and related products; concentration in the Company's customer base and lengthy sales cycles; the highly competitive market in which the Company competes; risks of international sales; foreign currency risks; and general economic conditions; and other factors identified in the Company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The Company cannot guarantee any future results, levels of activity, performance or achievement. The Company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

SOURCE: Varian Semiconductor

They got 11 or 12 orders from Elpida replacing batch system;
it appears the Elpida deal went very well - initially they had more than 12 guys on site to suppor.
A large order / evaluation is pending @ Toshiba and I'm sure the Japanese folks will talk to each other.

Also great deal of progress was made with respect to logic.
The new (leading) logic customer in US is doing a lot of outsourcing to foundries which makes me believe it's TI (the opportunity at logic fab is up to 25 tools compared to around 15 plus change for memory/flash).
Than again they mentioned to get a shot at 45nm and it sounded like Intel.
Varian management gave a hard time to analysts;
about six sell side analysts who have friends at major chip companies would call them up... (hey what about the fair disclosure policy....)
and I sensed some communication breakdown between Needham analyst and management
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