AlliedSignal Inc. and Tokyo Electron Limited Inc. Announce Broad Cooperation Agreement For Advanced Interconnect Materials.SUNNYVALE, Calif.--(BUSINESS WIRE)--June 24, 1999-- AlliedSignal Electronic Materials, a strategic business unit of AlliedSignal Inc. (NYSE NYSE See: New York Stock Exchange :ALD ALD abbr. adrenoleukodystrophy ALD, n.pr See adrenoleukodystrophy. ALD aldolase. ) and Tokyo Electron Limited Inc. ("TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom ") Thursday announced a joint cooperation agreement to optimize the materials, processes, and equipment for spin-on deposition of Low-K dielectric materials Dielectric materials Materials which are electrical insulators or in which an electric field can be sustained with a minimal dissipation of power. Dielectrics are employed as insulation for wires, cables, and electrical equipment, as polarizable media for to be used in next generation semiconductor devices. The broad agreement will include joint development of processes and equipment modules tailored for state-of-the-art Low-K materials. As part of the alliance, AlliedSignal has purchased TEL's Low-K tool set, which includes an ACT 8 SOD coater, an Alpha-8SE Low-K annealing annealing (ənēl`ĭng), process in which glass, metals, and other materials are treated to render them less brittle and more workable. system, and a Unity II etcher. These tools will be installed by early July 1999 in AlliedSignal's new, multi-million dollar Low-K Integration facility located in Sunnyvale. This alliance joins two industry leaders in the development of Low-K technology. TEL is the world leader in furnaces, dielectric etch and spin-on equipment for semiconductors. AlliedSignal is the world leader in Low-K materials, with a broad product portfolio including both inorganic and organic polymeric materials. Both companies have a global customer base, which includes the most advanced semiconductor manufacturers. "We are very excited to have TEL as a partner in the development of Low-K material processes and technology. This alliance complements AlliedSignal's strategy to better serve our global semiconductor customer base," said Jack Bolick, vice president and general manager of AlliedSignal's Wafer Fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. Group. "As Low-K dielectrics play a larger role in the most advanced semiconductor devices, our new facility will be able to show manufacturers the latest materials running on leading-edge production equipment." The new facility will allow the two companies to jointly develop new processes and technology with a reduced cost-of-ownership. The agreement includes both 200 and 300mm process development. "AlliedSignal has distinguished themselves in the development of multiple Low-K product platforms and has continued to define the leading edge in material development and manufacturing," said Alan Nolet, senior vice president and general manager of Tokyo Electron America. "We are very pleased to enter a strategic cooperation agreement with AlliedSignal and believe that it will hasten the adoption of these materials, processes and tool sets worldwide as the preferred choice for our customers." The AlliedSignal Low-K Integration facility is already being used for processing wafers, with the grand opening slated for July 8, 1999. 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. Dr. Lynn Forester, AlliedSignal's director of strategic technology development and business alliances, "Joint development activities will focus on AlliedSignal's Low-K product platforms -- Nanoglass(TM), FLARE(TM) and HOSP HOSP Hospital HOSP House Sparrow HOSP Hot Springs National Park (US National Park Service) (TM) -- using the TEL Low-K tool set. "Both material optimization, as well as equipment refinement will be investigated. Our goal is to streamline and accelerate our customers' in-fab development cycle by providing complete integration data." About Low-K Dielectrics Dielectric films are crucial elements in building smaller, faster, lighter and cheaper integrated circuits. As integrated circuits become more powerful, the distance between metal lines on the IC's have decreased to a point where electrical charges carried by the narrow wires can electrically interfere with each other. Dielectric layers act as insulators between metal lines in integrated circuits allowing metal lines to be placed closer together. The lower the dielectric constant (k value), the better insulating properties the dielectric film possesses. Spin-on deposition is the leading technology used to apply Low-K materials in the semiconductor industry. About Tokyo Electron Limited Tokyo Electron Limited, established in 1963 and based in Tokyo, is a leading supplier worldwide of semiconductor production equipment, with revenues in excess of $3.1 billion. TEL is a publicly held company and is listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. . Tokyo Electron America ("TEA"), a subsidiary of TEL, has headquarters in Austin, Texas. TEA provides sales and service from 15 offices across the United States for TEL products, including: Clean Track, Diffusion, Test, Etch, Cleaning Products, Single Wafer Deposition and Metal PVD PVD abbr. peripheral vascular disease PVD Peripheral vascular disease, see there . TEL has further invested in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market by manufacturing products in Massachusetts, Texas, Oregon and Arizona. About AlliedSignal AlliedSignal Electronic Materials ("ASEM ASEM Asia-Europe Meeting ASEM American Society for Engineering Management (Rolla, MO) ASEM Aviation, Space, and Environmental Medicine ASEM Assembly of Station by EVA Methods ASEM Application-Specific Electronic Module "), a strategic business unit of AlliedSignal Inc. (NYSE:ALD), serves the electronics industry with material and service solutions used in the production of semiconductor devices, advanced packaging, amorphous alloy products for small inductor inductor, electric device consisting of one or more turns of wire and typically having two terminals. An inductor is usually connected into a circuit in order to raise the inductance to a desired value. cores and in advanced packaging for silicon chips. ASEM (www.electronicmaterials.com) employs approximately 3,000 people worldwide. With headquarters in Los Gatos, Calif., ASEM operates globally via facilities in the United States, China, Korea, Japan, India, Singapore and Taiwan. AlliedSignal Inc. is an advanced technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials. It is one of the 30 stocks that make up the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. and is also a component of the Standard & Poor's 500 Index. The company employs 70,400 people in some 40 countries. AlliedSignal was named the best diversified company diversified company A company engaged in varied business operations not directly related to one another. A diversified company is less likely to suffer either a collapse or a spectacular gain in earnings compared with a firm concentrating its operations in a by Forbes Global magazine; the most admired aerospace company by Fortune magazine, both globally and in the United States; and one of the 100 best companies to work for by Fortune. Additional information on the company is available on the World Wide Web at http://www.alliedsignal.com. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts. |
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