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SEZ Sells First 300-mm Tool into China Market - Leading Chinese Foundry Purchases Single-wafer Da Vinci-Tool
The SEZ Group (SWX: SEZN), the market leader and premier innovator in single-wafer wet-processing technology for the semiconductor industry, today announced it has sold its first 300-mm tool – an SEZ Da Vinci™ (DV) system - into China. A leading foundry purchased and installed the tool at its fab last month.
The proliferation of consumer devices in China makes it the world’s fastest-growing semiconductor market, and its rapid growth is expected to continue outpacing all other regions over the next several years, according to numerous industry sources. The selection of SEZ’s 300-mm Da Vinci™ tool by a world-leading Chinese foundry creates a significant opportunity for SEZ to build on its share of the single-wafer market in China as the region ramps to 300-mm manufacturing.
“This order represents several significant milestones for SEZ,” said Kurt Lackenbucher, Chief Operating Officer of the SEZ Group. “In addition to being our first 300-mm system sold into the Chinese semiconductor market, this DV-Series tool is our 20th tool to be installed in China. We are excited to extend our relationship with this important customer in such a significant way."
Propelled by the current industry trends toward increased cost reduction, better yields and higher productivity, market adoption of the Da Vinci platform has grown sharply since its launch in July 2003. SEZ already has multiple Da Vinci tools installed worldwide, and expects that this product family will represent more than 50 percent of its total sales in 2005.
About SEZ Group The SEZ Group is the leading provider of single-wafer, wet-clean processing solutions for the semiconductor industry, with an installed base of over 850 tools. The company maintains operations in Asia-Pacific, Europe, Japan and North America. Since 1996, registered shares of SEZ Holding Ltd. have been traded on the SWX Swiss Exchange under the symbol SEZN. Additional information about the company is available on the Internet at www.sez.com.
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