ESI Announces a $2 Million Order From Hyundai Electronics Industries For Memory Yield Improvement Systems
PR Newswire - May 14, 1998 09:30
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PORTLAND, Ore., May 14 /PRNewswire/ -- Electro Scientific Industries, Inc. (Nasdaq: ESIO) today announced a $2 million order from Hyundai Electronics for ESI's Model 9275 Memory Yield Improvement Systems. This brings the total bookings from HEI to $5 million in the last three months.
The systems will be shipped, during ESI's current quarter, to Hyundai's Fab 7 in Ichon, Korea. Keith Taft, Asian Operations Director for ESI, said, "This order will facilitate Hyundai's transition from 16 to 64mb DRAM production. This increase further validates the value provided by the Model 9275."
ESI's Model 9275 specifically addresses the need to increase yields on 200mm wafers. It provides the smallest spot size and positioning accuracy available to repair increasingly smaller memory devices and a laser pulse rate up to 15% faster than previous models.
"We are focused on our program of die size reduction on 200mm wafers. This addition of ESI's equipment further enables us to meet our goals of increased throughput without sacrificing efficiency," said Mr. S.S. Kang, Hyundai's Senior Manager of Purchasing.
About Hyundai
Hyundai Electronics Industries Co. (HEI) is a worldwide leader in the development, sales, marketing and distribution of a wide array of electronic devices. HEI's largest division is the Semiconductor Division, which is responsible for sale of memory chips, including 16 and 64 megabit DRAMs. HEI's parent company is the Hyundai Business Group of Seoul, Korea and is one of the world largest business enterprises with annual revenues over $70 billion.
About ESI
ESI, headquartered in Portland, Oregon, designs and manufactures sophisticated products used around the world in electronics manufacturing including: laser manufacturing systems for semiconductor yield improvement; production and test equipment for the manufacture of surface mount ceramic capacitors; laser trim systems for precise electrical tuning of circuits; precision laser and mechanical drilling systems for electronic interconnect; and machine vision systems. Electro Scientific Industries is traded on the Nasdaq National Market System under the symbol, "ESIO." ESI's web site is esio.com.
SOURCE Electro Scientific Industries, Inc.
/CONTACT: investors, Joe Reinhart, 503-671-5500, or press, Kimberly
McAlear, 503-671-5233, both of Electro Scientific Industries, Inc./
/Web site: esio.com |
