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 : Silicon Valley Group -- Ignore unavailable to you. Want to Upgrade?

To: David Aegis who wrote (1737)	7/16/1998 12:41:00 PM
From: FJB	Respond to of 2946

Silicon Valley cuts jobs, takes charge biz.yahoo.com

To: David Aegis who wrote (1737)	7/16/1998 10:17:00 PM
From: FJB	Read Replies (1) \| Respond to of 2946

SVGL looks for its first sale in Taiwan SAN JOSE -- SVG Lithography is trying to penetrate Taiwan for the first time, negotiating with United Microelectronics Corp. for the purchase of its Micrascan-III step-and-scan systems, according to sources at the Semicon West 98 show here this week. UMC reportedly is interested in the Micrascan system to compete against IBM, a growing leading-edge foundry competitor which has long used SVGL exposure tools. For its part, SVGL is hoping to break into Taiwan, where rival ASM Lithography has been the dominant supplier. For the first time in several years, SVGL, Wilton, Conn., is in position to deliver tools to new customers other than IBM Microelectronics ,Intel, and Motorola, which hade made up the bulk of the lithography firm's production up to now. Intel deferred a major order for Micrascan systems early this year after stretching out new fabs in Fort Worth, Tex., and Israel. The postponed Intel orders came at the very time that SVGL was ramping up its production capacity. Company officials said that late this year it will have peak capability of producing up to 200 systems a year. pubs.cmpnet.com