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Stock impact report

Ultratech Receives Multiple Laser System Order To Ramp Advanced FinFET Production From Major Customer In Asia

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., May 18, 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 a multiple system follow-on order for its LSA101 dual-beam laser spike anneal (LSA) systems. Ultratech's millisecond anneal systems will be used by its customer for expansion of 10-nm FinFET production. The key differentiators over competing tools and the basis for choosing Ultratech's LSA101 dual-beam systems are due to its annealing capability with a low overall thermal budget and the flexibility and extendability for use with existing and future nodes. Ultratech plans to ship the first LSA101 system in 2Q17 and the second system in 3Q17 to the customer's facility in Asia. As the industry scales to smaller dimensions, millisecond anneal technology has continued to enabl Show less Read more
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