DGAP-News: Manz AG / Key word(s): Joint Venture
Manz AG: Lam Research and Manz AG Begin Operations of Joint Venture Talus
Manufacturing in Taiwan
06.09.2016 / 08:01
The issuer is solely responsible for the content of this announcement.
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Lam Research and Manz AG Begin Operations of Joint Venture Talus
Manufacturing in Taiwan
- Talus enables greater proximity and service to customers in region
- Global Refurbishment Center to upgrade and refurbish Lam's production
equipment for the semiconductor industry
FREMONT, CA and REUTLINGEN, Germany September 6, 2016 - Lam Research
Corporation (Nasdaq: LRCX), an advanced manufacturer of semiconductor
equipment and Manz AG, a high tech equipment contract manufacturer, today
announced that they have begun operations of their joint venture, Talus
Manufacturing Ltd., a global refurbishment center in Taiwan. Talus
Manufacturing will upgrade and refurbish Lam's semiconductor manufacturing
equipment to fulfill customer demands in Taiwan and globally.
"Manz AG, a well-established Lam qualified supplier, has proven
semiconductor expertise, an established presence in Asia, and meets Lam's
high quality standards," said Tim Archer, COO, Lam Research. "The
refurbishment center will continue to strengthen Lam's manufacturing
presence throughout the Asia region. Talus Manufacturing enhances our
ability to meet customer demands for both advanced technology and previous
generation nodes with improved flexibility, more rapid response, and
shorter lead times."
With the realization of the Internet of Things, or IoT, as well as demand
for more diverse applications, semiconductor manufacturers are extending
fab productivity by developing alternative solutions for the market that
utilize older generation products. As these markets thrive, Talus will
enable Lam to more quickly and efficiently serve this growing market.
"The operational start of the joint venture is the continuation of our long
and successful cooperation with Lam Research," said Dieter Manz, CEO and
founder of Manz AG. "With Talus, we are strengthening our operating
business in Asia and can use our available capacities in Taiwan more
efficiently. Overall, this will contribute to improved profitability in
Asia as well as at the Group level. We are looking forward to a successful
collaboration with Lam Research."
Lam Research provides a full suite of services to restore used equipment to
original specifications with guaranteed performance as well as build new
legacy tools, which significantly reduces chipmakers' risk and uncertainty.
Technology from leading edge applications is used both in Lam's newly built
older-model systems as well as for the company's refurbished systems. This
extends capability beyond the technology nodes originally addressed, which
lowers the cost of ownership. Lam's equipment addresses 200 mm and smaller
wafer sizes and 300 mm semi-critical and non-critical applications.
Manz AG is the majority shareholder in Talus Manufacturing.
About Lam Research
Lam Research Corp. (NASDAQ: LRCX) is a trusted global supplier of
innovative wafer fabrication equipment and services to the semiconductor
industry. Lam's broad portfolio of market-leading deposition, etch, strip,
and wafer cleaning solutions helps customers achieve success on the wafer
by enabling device features that are 1,000 times smaller than a grain of
sand, resulting in smaller, faster, and more power-efficient chips. Through
collaboration, continuous innovation, and delivering on commitments, Lam is
transforming atomic-scale engineering and enabling its customers to shape
the future of technology. Based in Fremont, Calif., Lam Research is a
NASDAQ-100 Index(R) and S&P 500(R) company whose common stock trades on the
NASDAQ(R) Global Select Market(TM) under the symbol LRCX. For more
information, please visit http://www.lamresearch.com. (LRCX-B)
About Manz AG - Passion for Efficiency
As a globally active high-tech equipment manufacturer, Manz AG, based in
Reutlingen, Germany, is a pioneer for innovative products in fast-growing
markets. Founded in 1987, the company has expertise in seven technology
sectors: automation, laser processing, vacuum coating, screen printing,
metrology, wet chemical and roll-to-roll processing. Manz deploys and
continuously develops these technologies in three strategic business
segments: Electronics, Solar and Energy Storage.
The company is led by founder Dieter Manz and has been listed on the stock
exchange in Germany since 2006. It currently develops and produces in
Germany, China, Taiwan, Slovakia, Hungary and Italy. It also has sales and
service branches in the United States and India. Manz's claim "passion for
efficiency" offers the promise of production systems of the highest
efficiency and innovation to its customers in dynamic, future-oriented
industries. With its comprehensive expertise in developing new production
technologies and related machines, the company contributes substantially to
reducing production costs for end products, making them accessible to large
groups of buyers the world over.
Caution Regarding Forward-Looking Statements
This press release contains certain forward-looking statements which are
subject to the Safe Harbor provisions created by the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements relate to
the size of the market for older generation products, the benefits of Talus
to both Lam and/or Manz, expectations for improved flexibility, efficiency,
and rapid response, Manz's expectations of improved profitability arising
from the joint venture and the effect of Lam's suite of services on
chipmakers' risk and uncertainty. Such statements are based on current
expectations and are subject to risks, uncertainties, and changes in
condition, such as competition in the refurbished tool market, changes in
customer demand, labor conditions, production delays, and other risks
detailed in Lam Research's documents filed with the Securities and Exchange
Commission, including specifically the report on Form 10-K for the year
ended June 26, 2016. Actual results may materially differ from these
expectations, so the reader should not rely on these forward looking
statements. The parties undertake no obligation to update the information
in this Press Release.
Lam Contacts
Hui-Yun Chen
Asia Corporate Communications
+65-6347 6819
email: hui-yun.chen@lamresearch.com
Manz Investor Relations Contacts
cometis AG
Ulrich Wiehle / Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
E-Mail: krause@cometis.de
Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann@manz.com
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06.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info@manz.com
Internet: http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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499177 06.09.2016
DGAP-News: Manz AG: Lam Research and Manz AG Begin Operations of Joint Venture Talus Manufacturing in Taiwan
| Source: EQS Group AG