ASML Expands Korean Customer Base With First Order from Hyundai for Greater than NLG 340 Million -- US$170 Million; Hyundai to Install ASML's Most Advanced Deep UV and i-line Steppers at New Wafer Fabs in Korea and Scotland.VELDHOVEN, The Netherlands--(BUSINESS WIRE)--Sept. 23, 1997-- ASML ASML Abstract State Machine Language ASML Anisotropic Shielded Microstrip Line (ASM (1) (Association for Systems Management) An international membership organization based in Cleveland, Ohio. Founded in 1947 and disbanded in 1996, it sponsored conferences in all phases of administrative systems and management. Lithography) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASMLF), the world's fastest growing supplier of microlithography systems used in semiconductor manufacturing, has received its first order from Hyundai Electronics Industries Co. Ltd. The purchase agreement for multiple systems of ASML's most advanced deep UV and i-line steppers represents the largest single order ever placed by the Korean semiconductor manufacturer. The order, valued at more than NLG NLG The ISO 4217 currency code for the Dutch Guilder. 340 million (US$170 million), includes PAS 5500/300B deep UV steppers and PAS 5500/200B i-line systems that will be installed at Hyundai's recently completed wafer fabrication facilities in Inchon, Korea, and Dunfermline, Scotland. Deliveries are scheduled to begin in the third quarter of this year. Prior to placing the order, Hyundai conducted an extensive six-month evaluation of the steppers in Korea, and found that it could improve the productivity of its lithography processes for DRAMs using ASML's systems. "Our benchmark testing of ASML's steppers confirmed not only a superior combination of resolution, overlay and throughput, but also that their process flexibility and reliability are well suited to meet our needs for large scale production of advanced memory devices," said Mr. S. K. Yoon, Hyundai's purchasing director. "In addition to expanding our Korean customer base, Hyundai's order gives us the opportunity to apply our expertise in working with customers' global operations -- in this case, fabs in both Korea and Scotland," said Douglas Marsh, ASML's vice president of worldwide sales. ASML's PAS 5500/300B deep UV system is the only stepper step·per n. 1. One that steps, especially in a fast or spirited manner. 2. Informal A dancer. Noun 1. capable of 0.25-micron or better resolution while processing more than eighty 200 mm wafers per hour. It incorporates a 10-watt, 1,000-hertz excimer laser A gas laser in which a very short electrical pulse excites a mixture containing a halogen such as fluorine and a rare gas such as argon or krypton. It produces a brief, intense pulse of ultraviolet light. light source from Cymer Laser Technologies and Carl Zeiss' double telecentric deep UV optics. The PAS 5500/200B i-line stepper, specified for 0.35-micron resolution, uses a 3.0-kilowatt compact arc lamp, enabling it to achieve throughputs of ninety or more 200 mm wafers per hour. Both steppers incorporate variable numerical apertures, allowing operators to select the optimal resolution and depth of focus for each job and process layer. The systems also use ASML's automated AERIAL(TM) illuminator illuminator (light box), n a source of light with uniform intensity for viewing radiographs. illuminator the source of light for viewing an object. , which provides a wide range of control in both conventional and annular annular /an·nu·lar/ (an´u-ler) ring-shaped. an·nu·lar adj. Shaped like or forming a ring. annular ring-shaped. illumination modes. This first order from Hyundai is the latest development in ASML's continuing activity in the Korean market. In July 1996, ASML established a 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. , ASML Korea Co. Ltd., to increase its on-site technical service capabilities. ASML Korea works closely with local strategic partner Hantech Co. Ltd., which has provided sales, service and applications support to ASML's Korean customer base since February 1994. ASM Lithography (Nasdaq:ASMLF, Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. :ASML) is a world leader in photolithography with an installed base of more than 900 systems at customer sites around the world. The company, ranked the world's sixth largest supplier of semiconductor manufacturing equipment by the market research firm Dataquest, had 1996 revenues of $770 million. ASML is headquartered in Veldhoven, The Netherlands, with a U.S. operations center in Tempe, Ariz., and regional sales and service facilities in Korea, Taiwan, Japan, Singapore and Thailand. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information, the matters discussed in this news release that may be considered forward-looking statements may be subject to certain risks and uncertainties that could cause the actual results to differ materially from those projected, including uncertainties in the market, pricing competition, procurement and manufacturing efficiencies, and other risks detailed from time to time in reports filed by the Company with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. CONTACT: ASML/ASM Lithography, Tempe Doug Marsh, 602/438-0559 (Pres. U.S. Ops/VP Wwide Sales) Mark Bigelow, 602/414-2252 (Marketing Communications) or ASML/ASM Lithography, Veldhoven Willem Maris, (31) 40-2303-306 (President/CEO) Eduard Hoeberichts, (31) 40-2303-938 (Investor Relations) or Mathews & Clark Bob Climo, 408/736-1120 |
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