Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4160)	7/10/2000 9:30:54 AM
From: Proud_Infidel	Respond to of 5867

Major Japanese System LSI Manufacturer Names Teres Production Tool of Record for All Oxide CMP Applications This announcement substantiates the growing demand for Teres' superior performance and high productivity for current-generation CMP processes, such as ILD and STI. FREMONT, Calif.--(BUSINESS WIRE)--July 10, 2000-- Lam Research Corporation (Nasdaq:LRCX - news) today announced that a major Japanese system LSI manufacturer has named Lam's Teres(TM) CMP system the production tool of record for all oxide CMP applications. Following an extensive six-month evaluation, Teres was selected by the customer for oxide CMP because of its demonstrated superior performance and reliability. The first production system shipped in June and will be followed by multiple production system shipments in the fourth quarter of 2000 and the first quarter of 2001. The customer's decision to use Teres exclusively in current production for all oxide applications was based on the system proving its manufacturability for current-generation processes. In addition, Teres demonstrated next-generation copper and STI processing capability during the evaluation period. Teres' recognized capability for providing CMP technology for today as well as the next-generation demonstrates its potential to gain market share rapidly for all established applications. Lam's Teres systems are replacing competitive CMP equipment that employs older technology. This customer already has extensive experience using Lam's Synergy(TM) post-CMP cleaner, which is incorporated in Teres, because of the company's installed base of stand-alone Synergy systems. The partnership also includes an extensive installed base of Lam etch equipment. This press release contains certain forward-looking statements, which are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, anticipated product shipments under existing orders, shipment schedules, the prospective demand for the company's products, the future acceptance, performance and competitiveness of the company's products, and the technical and market transition to new processes. Such statements are based on current expectations and are subject to risks, uncertainties, and changes in condition and other risks detailed in documents filed with the Securities and Exchange Commission, including specifically the report on Form 10-K for the year ended June 30, 1999, and the Form 10-Q for the quarter ended March 26, 2000. The company undertakes no obligation to update the information in this Press Release. Lam Research Corporation is a leading supplier of front-end wafer processing equipment and services to the worldwide semiconductor manufacturing industry. The company's common stock trades on the Nasdaq National Market under the symbol LRCX. Lam's World Wide Web address is lamrc.com

To: Kirk © who wrote (4160)	7/10/2000 4:32:06 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 5867

"Severe shortage" of foundry capacity seen by 2003, despite rapid expansion Semiconductor Business News (07/10/00, 03:51:27 PM EDT) PHOENIX-Even though dedicated foundries are expected to more than double their capacity over the next couple of years, they could end up with a "severe shortage" of capacity by 2003. And it could come even sooner in some product categories, according to a new study by Semico Research Corp. here. The Phoenix market researcher estimates that dedicated foundries plan to increase their global wafer capacity by 50% this year and another 50% by 2002. Historically, dedicated foundries get most of their business from the fabless semiconductor companies. Because of a proliferation of these fabless suppliers, foundries such as Taiwan Semiconductor Manufacturing Co., experienced nearly a 10-fold growth from 1991 to 1999. This growth is continuing, Semico points out. Wafer demand from fabless companies isgrowing more than 40% so far this year over 1999. Companies such as Altera, Xilinx, Sandisk, and Silicon Storage Technologies are experiencing explosive growth due to growing digital consumer and communications markets, the market researcher points out. Despite this growth, fabless companies still represent less than 20% of the total global semiconductor market, Semico points out. Today, the foundries are getting most of their growth from the top tier chip companies, the so-called integrated device manufacturers (IDMs). A good many of these IDMs-including Lucent Technologies, LSI Logic, Motorola, and National Semiconductor-increasingly are making foundries a key part of their manufacturing strategies. They are doing this to reduce their own exposure to risk, increase their manufacturing flexibility, and even to keep up with leading edge process technology. Also, after cutting back their capital spending during the 1998 downturn, many companies are now turning to foundries to make up for shortages in capacity for certain booming products. As Semico points out, as the overall industry gears up for a year of more than 30% growth, the increased use of foundries is becoming a need rather than just an option.