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Stock impact report

Ultratech Receives Follow-On Multiple Orders From China Foundries For Laser Spike Annealing Systems

ULTRATECH (UTEK) 
Last ultratech earnings: 4/20 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.ultratech.com
Company Research Source: PR Newswire
SAN JOSE, Calif., March 21, 2017 /PRNewswire/ -- Ultratech, Inc. (Nasdaq: UTEK), a leading supplier of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs), as well as atomic layer deposition (ALD) systems, today announced that two China foundries placed follow-on orders for laser spike anneal systems. Ultratech's LSA101 laser spike anneal systems will be used for 40- and 28-nm production. The LSA101 dual-beam tools were chosen over competing systems due to greater flexibility and capability for annealing with low overall thermal budgets. Ultratech plans to ship the LSA101 tools to the customers' foundries to China in Q1 2017.The low cost of 28-nm planar technology continues to drive growth and numerous foundries are ramping capacity expansion to take advantage of the optimal performance-to-cost ratio at this geometry. Foundries in Asia are leveraging the value proposition offered at the 28-nm node to meet th Show less Read more
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