Applied Materials Elects Acer Chairman Stan Shih to Board of Directors.Business Editors SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--March 22, 2000 Applied Materials Applied Materials, Inc. NASDAQ: AMAT (HKSE: 4336 ) is the global leader in nanomanufacturing technology solutions with a broad portfolio of innovative equipment, service and software products for the fabrication of semiconductor chips, flat panel solar displays, solar , Inc. announced today that Stan Shih Stan Shih (Traditional Chinese:施振榮, b. December 8, 1944 in Lukang Township, Changhua County, Taiwan) is a retired Taiwanese business tycoon. After receiving the Bachelor's degree and Master's degree degrees in Electronics Engineering from the National Chiao , chairman and chief executive officer of the Acer Group, has been elected to serve as a new member of Applied Materials' Board of Directors. Mr. Shih's election is effective immediately. A co-founder of the Acer Group in 1976, Shih was instrumental in Acer's introduction of microprocessor technology in Taiwan and helped to make Acer one of the world's largest PC manufacturers. The Acer Group is based in Hsichih, Taiwan. "We welcome the tremendous industry and global management experience that Stan Shih brings to our board," said James C. Morgan, chairman and chief executive officer of Applied Materials. "Mr. Shih's remarkable expertise in commercializing, manufacturing and marketing new technology to customers throughout the world will be a great asset to Applied Materials' global management team." Starting his career at Unitron Industrial Corporation in 1971, Shih designed, developed and commercialized Taiwan's first desktop calculator. In 1972, he helped establish Qualitron Industrial Corporation, where he led the team that designed the world's first pen watch. In June of 1976, together with four partners, Shih co-founded Multitech International Corporation, which later became Acer. Shih serves on the boards and committees of several organizations and institutions. He is currently an advisor to the Republic of China (ROC) Presidential office, a National Advisor of Malaysia's "Multimedia-Super Corridor," one of the five members on the ROC Space Program Steering Committee steer·ing committee n. A committee that sets agendas and schedules of business, as for a legislative body or other assemblage. steering committee Noun and a governor of the Asian Institute of Management The Asian Institute of Management, or simply AIM, is a graduate school of business and a center of business and management research. It is one of only two schools in Asia to be internationally accredited with both AACSB and EQUIS accreditations. (AIM). Applied Materials, Inc. is a Fortune 500 global growth company and the world's largest supplier of 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. systems and services to the global semiconductor industry. Applied Materials is traded on the Nasdaq National Market under the symbol "AMAT AMAT Applied Materials (stock symbol) AMAT Average Memory Access Time AMAT Automatic Message Accounting Transmitter AMAT Anti-Materiel (bomb or mine) AMAT Ageing Management Assessment Team ." Applied Materials' website is http://www.appliedmaterials.com. |
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