ASML Receives Large, Multiple Unit Order From Samsung
Press release issued by ASM Lithography Holding N.V. (Amsterdam Exchanges: ASML, Nasdaq National Market System: ASMLF)
VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Feb. 12, 1999-- Samsung Electronics Co., Ltd., the world's largest manufacturer of semiconductor memory devices, has placed an order for numerous ASM Lithography (ASML) advanced photolithography systems. The units began shipping earlier this month to facilities in Korea. ASML systems will be installed for the production of Direct Rambus(TM) DRAM (D-RDRAM) memory devices.
Designed for low-cost, high-volume manufacturing, D-RDRAMs allow for eight times the bandwidth of alternative high-speed DRAM components. As recently reported, Intel Corp. has invested $100 million in Samsung after the Korean company announced it would produce 5,000,000 D-RDRAMs per month by the end of the year.
Commenting on the significance of the Samsung order, ASML vice president of worldwide sales Dave Chavoustie said, ''We believe this order is an indication and might be an early sign of the DRAM market's stabilization and recovery.''
ASML booked its first order with Samsung in 1995. Chavoustie added that, ''This latest order attests to the abilities of our lithography solutions to deliver proven performance and productivity advantages. We are pleased to receive business from one of the world's leading DRAM manufacturers, and we are looking forward to continuing our partnership with Samsung in the future.''
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