Ultratech Receives Follow-On, Multiple System Orders From World's Leading OSATs For Advanced Packaging Applications
ULTRATECH (UTEK)
Last ultratech earnings: 4/20 09:00 am
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Source: PR Newswire
SAN JOSE, Calif., March 28, 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 (HBLEDs), as well as atomic layer deposition (ALD) systems, today announced that it has received follow-on, multiple system orders from several outsourced semiconductor assembly and test (OSAT) companies in Taiwan, Korea and China. The AP300E lithography stepper will be used for leading-edge copper pillar and wafer-level packaging (WLP) in high-volume manufacturing (HVM). Ultratech plans to begin shipping the systems in Q2 and Q3 of this year. Ultratech General Manager and Vice President of Lithography Products Rezwan Lateef stated, "OSATs are rapidly expanding their advanced packaging capabilities to capture the strong demand for copper pillar and fan-out package solutions. These customers look to their equipment suppliers to provide highly reliable, flexible, ext
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