To: Tito L. Nisperos Jr. who wrote (10052 ) 10/30/1997 10:40:00 AM From: David Aegis Read Replies (1) | Respond to of 70976
SVGI announces major equipment order from a Korean DRAM manufacturer. Micrascan III DUV equipment slated for .25 micron manufacture of 64 and 256 mb DRAM. Dave Dhillon's DRAM Driven Double Dip Decline is DENIED once again by a semi-equip manufacturer. LRCX, KLAC, DPMI, TER, and now SVGI. --David Full SVGI story (emphasis added by me): Thursday October 30 8:32 AM EST Company Press Release Korean DRAM Manufacturer Places $40 Million Order for Multiple Micrascan III Systems SVG's flagship DUV lithography systems are among first process tools to be ordered for new fab SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 30, 1997--Silicon Valley Group (SVG), a leading supplier of wafer processing systems to the worldwide semiconductor industry, today announced that its Lithography Division has received a multiple-system order for its Micrascan III deep ultra violet (DUV) step-and-scan lithography systems. The $40 million order represents a new customer for SVG, and is one of the first capital equipment purchases for the Korean dynamic random access memory (DRAM) manufacturer's newly constructed fab. According to SVG's Chairman and CEO, Papken Der Torossian, the order stems from a series of strategic initiatives developed by SVG to increase the company's global presence. ''We have considerably expanded our worldwide sales, service and support operations to respond to increased demand for our products overseas, most notably in the Asia Pacific region. This order, which resulted from an extensive evaluation of competitive systems' performance and support operations, attests to the success of our efforts,'' said Der Torossian. The Korean manufacturer will leverage the 0.25 micron and below imaging capabilities of the Micrascan systems in the manufacture of 64- and 256-Mb DRAMs. Delivery of the tools is scheduled for the third quarter of fiscal 1998. SVG's Vice President of Worldwide Sales and Service, Steve Jensen, noted that this new customer represents one of many key chipmakers that SVG is pursuing in the Far East. ''This order adds yet another company to our growing customer base in the Pacific Rim -- a region that industry analysts are predicting will produce more than half of the world's semiconductors within the next five years. We are well prepared for this growth and will continue to serve new customers as they ramp up production,'' stated Jensen. In response to the escalating demand for its Micrascan systems, SVG recently opened a new development and manufacturing facility in Ridgefield, Conn. Substantially increasing company-wide capacity, the new facility will help maintain the company's position as the world's leading supplier of DUV step-and-scan lithography. SVG's Micrascan III, the third generation tool in SVG's Micrascan series, features enhanced resolution capabilities, as well as an increased field size, and was developed specifically to meet the chip industry's production needs for below-0.25 micron devices. The tool combines the most advanced projection optics available and a 248 nm excimer laser system with SVG's patented AXIOM(TM) off-axis alignment technology for enhanced device fabrication capabilities. Coupled with a new magnetically-levitated wafer stage for increased throughput, these features make the Micrascan III the most advanced below-0.25 micron, DUV step-and-scan lithography system available for the production of today's most complex devices. Silicon Valley Group Inc., is a leading manufacturer of automated wafer processing equipment for the worldwide semiconductor industry. The company designs, manufactures and markets technically sophisticated equipment used in the primary stages of semiconductor manufacturing. Its products include photoresist processing equipment; oxidation, diffusion and low-pressure chemical vapor deposition processing systems; and photolithography exposure tools that use step-and-scan technology. SVG is listed on the Nasdaq Stock Market under the symbol SVGI. The company's World Wide Web address is: www.svg.com ------------------------------------------------------------------------ Contact: Silicon Valley Group, Inc. Laurie C. Conner, 408/467-5847 connerl@svg.com or MCA, Inc. Terry Anderson, 650/968-8900 tanderson@mcapr