$16 million Hyundai contract leads Watkins-Johnson Korean orders boom.SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Dec. 13, 1994-- Watkins-Johnson Co.'s (NYSE NYSE See: New York Stock Exchange :WJ) Semiconductor Equipment Group (SEG n. 1. (Bot.) Sedge. 2. The gladen, and other species of Iris. 1. A castrated bull. ) Tuesday announced year-to-date orders from Korea totaling more than $45 million. A $16 million contract from Hyundai is the largest single order. "The Hyundai order covers multiple WJ-1000 systems for delivery from February through October 1995. It's another vote of confidence in our technology by a major respected customer," said Peter C. Shamshoian, SEG director of sales. "The WJ-1000 atmospheric-pressure chemical-vapor-deposition (APCVD APCVD Atmospheric Pressure Chemical Vapor Deposition ) system, first shipped in early 1994, was developed for 0.35-micron dielectric dielectric (dī'ĭlĕk`trĭk), material that does not conduct electricity readily, i.e., an insulator (see insulation). A good dielectric should also have other properties: It must resist breakdown under high voltages; it should not deposition on 200-mm (8-inch) silicon wafers," he added. "Its success adds to Watkins-Johnson's leadership in the doped-dielectric market segment." Watkins-Johnson's orders growth has stimulated increased SEG investment in Korea, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Bob Chamberlain, SEG senior vice president, operations. He said, "We have opened and enlarged our wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. in Korea, as well as three other Asia/Pacific countries -- Singapore, Taiwan and Japan." Watkins-Johnson Co., headquartered in Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif., is a diversified corporation specializing in semiconductor-manufacturing equipment and electronic products. Its Scotts Valley-based Semiconductor Equipment Group is the worldwide technical leader in APCVD systems for semiconductor and flat-panel applications. The group is a major growth element of Watkins-Johnson and is dedicated to continued expansion through aggressive investment in research and development to produce advanced interlayer- and intermetal-dielectric deposition technology to meet global demand. CONTACT: Watkins-Johnson Co.
Frank E. Emery, 415/813-2752 (financial)
Stephen B. Witmer, 415/813-2417 (media)
Kurt J. Lightfoot, 408/439-6314 (technology)
Bruce A. Brough, 408/438-0204 (agency)
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