To: Andrew Vance who wrote (13499 ) 4/29/1998 3:15:00 PM From: Andrew Vance Read Replies (1) | Respond to of 17305
*AV*-- First, you are correct John, I meant saltpeter.<GG> This post is not meant as a peptalk (pep message to be exact) but it looks like Hyundai might be taking a few swords out of their backs and bellies relative to the Asian Crisis and showing very slight signs of recovery. It is also a nice little piece of good news for TER investors.Wednesday April 29, 1:54 pm Eastern Time Company Press Release SOURCE: Teradyne, Inc. Teradyne Receives $20M Tester Order from Hyundai for Oregon Fab BOSTON, April 29 /PRNewswire/ -- Teradyne, Inc. (NYSE: TER - news) announced today that Hyundai Semiconductor America (HSA) has placed an order for multiple memory test systems valued at more than $20 million. The Marlin-platform memory testers will be shipped to Hyundai's plant in Eugene, Oregon, for production test of 64M SDRAMs. Deliveries will begin the third quarter of this year, said Tom Felding, Teradyne vice president and Gereral Manager of the Memory Test Division. ''Hyundai recognizes Teradyne's technological leadership in memory testing,'' said the Hyundai Test Manager at the Oregon facility. ''The Marlin provides the highest productivity by testing 64 devices in parallel. In addition, its RA/Plus Redundancy Analyzer delivers the highest yields.'' Teradyne's proven worldwide support was a factor in the selection, he said. Hyundai has installed multiple Teradyne J990 Series RAM test systems and Pegasus non-volatile memory test systems in its Research and Development facility in Ichon, Korea. J990 Series systems were also installed last year in the Oregon plant. Approximately 550 of Teradyne's J990 Series and Marlin test systems have been shipped to customers around the world. Teradyne also supplies the ARIES test platform for high-performance RAMs and the Genesis and Pegasus non-volatile memory test systems. Teradyne, Inc. is a leading supplier of automatic test equipment (ATE) and backplane connection systems to manufacturers of electronics worldwide. Sales in the first quarter of 1998 were approximately $432 million. Teradyne's site on the World Wide Web is at www.teradyne.com. Andrew