STATS Sets Up FastRamp Test Services; Expands Test Operations to Provide Engineering And Pre-Production Test Services in the United States.Business Editors/High-Tech Writers
SINGAPORE & MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 29, 2001
ST Assembly Test Services Ltd. ("STATS") (Nasdaq:STTS STTS System Test & Troubleshooting Station
STTS Service Tunnel Transport System (Channel Tunnel) ) and (SGX SGX Singapore Exchange
SGX Supergreenx (trance/electronic musician) :ST Assembly), a leading independent semiconductor test and advanced packaging service provider, today announced the establishment of a wholly-owned subsidiary, FastRamp Test Services, Inc. ("FastRamp"), to provide high-end engineering and pre-production test services in Silicon Valley. Scheduled to operate at its new built-to-suit premises in January 2002, FastRamp will have a variety of advanced testers available and provide test hardware and software development, pre-production volume testing Volume Testing belongs to the group of non-functional tests, which are often misunderstood and/or used interchangeably. Volume testing refers to testing a software application for a certain data volume. services and a unique customer-to-lab-to-factory relay for fast production offloads and capacity coordination. The fully equipped engineering test facility will offer STATS' industry-leading mixed-signal test development solutions and production know-how in a state-of-the-art facility to help customers move quickly into production.
"Test hardware, software and the manufacturing procedures are often developed in a setting that does not match the offshore volume testing environment," said Mark Kelley Mark Kelley is a Canadian journalist. He currently serves as a correspondent and substitute anchor for The National, and was formerly a host of . A graduate of Concordia University in Montreal, the fluently bilingual Kelley began reporting from within Quebec in the 1980's , General Manager of FastRamp. "Our concept is to create in the U.S., a microcosm of our elite-class test facilities in Singapore by offering a similarly configured and comprehensive array of advanced tester platforms, handlers, probers, interface hardware and manufacturing processes. High-end tester platforms such as the Teradyne Tiger, Teradyne Catalyst - RF, Teradyne J750, Agilent 93K and Credence Quartet will be made available at FastRamp so that our customers can offload production locally and leave the offshore transfer to us."
Added Kelly, "Initial customer response to our concept has been very positive, and we are supporting immediate demands by staging additional testers at STATS' current Test Development Center in San Jose San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. until our new facility is ready in January."
The new 34,000 sq. ft facility in Milpitas, California Milpitas (IPA pronunciation: mɪlpitʌs; inhabitants are called 'Milpitans') is a city in Santa Clara County, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of Highway 237 and generally between Interstate freeways 680 and will house the new test facility, STATS' existing Silicon Valley Test Development Center, as well as sales support. The FastRamp team designed the facility to offer customers an atmosphere ideally configured for uninterrupted engineering development activities, integrating services such as on-site test development, on-site loadboard and probe card A probe card is an interface between an electronic test system and a semiconductor wafer. Its purpose is to provide an electrical path between the test system and the circuits on the wafer, thereby permitting the testing and validation of the circuits at the wafer level, usually design and 100% lab-to-factory hardware compatibility for smooth transition to production. Unique to FastRamp is the ability for customers to work in an office environment with full view of the testhead in operation. FastRamp's personnel, test equipment and processes are specifically aligned to help customers launch new products on schedule, meeting volume ramps and production cost targets.
FastRamp will have an experienced engineering team, many of whom have years of experience in the STATS factory. These team members will provide test planning, solutions consulting, test program optimization as well as first silicon debug To correct a problem in hardware or software. Debugging software means locating the errors in the source code (the program logic). Debugging hardware means finding errors in the circuit design (logical circuits) or in the physical interconnections of the circuits. and device characterization. On-site loadboard designers will provide blue-line drawings and quick hardware quotes. The facility will also accommodate the pre-production volume testing needs of customers locally.
Said Tan Bock Noun 1. bock - a very strong lager traditionally brewed in the fall and aged through the winter for consumption in the spring
lager beer, lager - a general term for beer made with bottom fermenting yeast (usually by decoction mashing); originally Seng, Chairman and Chief Executive Officer, "STATS continues to increase our competitive advantage by enhancing our leadership in mixed-signal testing. FastRamp, together with our dominant manufacturing footprint in Singapore and Taiwan and our global Test Development Centers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , United Kingdom and Singapore offer customers multi-site test Multi-site test, or "multisite test", or "concurrent test", or "parallel test" are all semiconductor Automatic Test Equipment (ATE) terms that generally refer to testing of multiple "devices" at the same time. development capabilities and round-the-clock support for production and data collection."
"FastRamp will not only add incremental revenues but also facilitate the seamless off-loading of development devices into full volume production at our manufacturing facilities in Singapore and Taiwan. This is in line with our strategy to reinforce our strategic geographic footprint in readiness for the expected growth in outsourcing for test. The cash investment is about $10 million for the purchase of next generation testers. We would also be transferring a number of high-end mixed signal testers from our facility in Singapore to FastRamp. This is an effective way of increasing the utilization of some of our existing testers," added Tan.
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. industry sources, test outsourcing is expected to grow at a CAGR CAGR
See: Compound Annual Growth Rate of 47.1% from 1999 through 2003, driven by the rapid growth of fabless companies worldwide and reduced test capital investment by integrated device manufacturers.
"STATS works closely with customers to provide sophisticated software engineering services, including test program development, conversion and optimization," added Han Tiang Fong, STATS' Vice President for Test Operations. "With the customization and fine-tuning involved in test program development prior to actual production testing, it is important for STATS to be in close proximity to our customers. FastRamp will allow customers to work closely with our engineering staff, accelerating the transition to volume production and significantly reducing new device time to market."
About ST Assembly Test Services Ltd. (STATS)
ST Assembly Test Services ("STATS" - NNM NNM Network Node Manager
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NNM Net New Money :STTS and SGX:ST Assembly), is a leading semiconductor test and assembly service provider to fabless companies, integrated device manufacturers and wafer foundries. With its principal operations in Singapore and global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. in the United States, United Kingdom, Japan and Taiwan, STATS offers full back-end turnkey solutions to customers worldwide. STATS' expertise is in testing mixed-signal semiconductors, which are extensively used in fast growing communications applications such as data networking, broadband and mobile communications. STATS also offers advanced assembly services and has developed a wide array of traditional and advanced leadframe and laminate based products, including various ball grid array “BGA” redirects here. For other uses, see BGA (disambiguation).
A ball grid array (BGA) is a type of surface-mount packaging used for integrated circuits. packages to serve some of the world's technological leaders. STATS was listed on the Nasdaq National Market and The Singapore Exchange in January 2000 and is in the Morgan Stanley Capital International Morgan Stanley Capital International (MSCI)
This firm publishes a number of well known benchmarks, such as the MSCI World Index. (MSCI) Provisional Singapore Index and the Straits Times Industrial Index. Further information is available at www.stts.com.
Certain of the statements in this press release are forward-looking statements including statements with respect to industry growth, that involve a number of risks and uncertainties which could cause actual results to differ materially. Factors that could cause actual results to differ include: general business and economic conditions and the state of the semiconductor industry; demand for end-use applications products such as communications equipment and personal computers; decisions by customers to discontinue outsourcing of test and assembly services; changes in customer order patterns; rescheduling or cancellation of customer orders; changes in product mix; capacity utilization; level of competition; pricing pressures; continued success in technological innovation; delays in acquiring or installing new equipment; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.
When a person begins a civil lawsuit, the person enters into a process called litigation. and other risks described from time-to-time in the Company's SEC filings, including its annual report on Form 20-F dated March 30, 2001. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.