STOCK TITAN

Axcelis Announces Multiple Follow On Shipments Of 'Purion M SiC Power Series' Implanter To Leading Power Device Manufacturers

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Axcelis Technologies, Inc. (Nasdaq: ACLS) announced multiple follow-on shipments of its Purion M™ SiC medium current implanter to leading power device manufacturers in Europe. This first-quarter shipment supports the growing demand for silicon carbide (SiC) power devices, particularly in the automotive, mobile, and IoT sectors. Executive Vice President Bill Bintz highlighted the importance of enhancing manufacturing capabilities to meet supply challenges driven by increasing electrification in the automotive industry.

Positive
  • Multiple follow-on shipments of Purion M SiC implanters indicate strong demand from power device manufacturers.
  • Supports growth in sectors like automotive, mobile, and IoT, aligning with industry trends.
Negative
  • None.

BEVERLY, Mass., April 14, 2021 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today multiple follow on shipments of the Company's Purion M™ SiC medium current implanter to several leading power device chipmakers located in Europe. The Purion M features Axcelis' innovative solution for high temperature silicon carbide processing. The systems, which shipped in the first quarter, will be used in high volume production of power devices supporting automotive, mobile and the IoT market spaces.

Executive Vice President of Product Development, Bill Bintz, commented, "We look forward to supporting our customers as they expand their manufacturing capabilities in this growing market segment. Rapid growth in demand for SiC based power devices, driven largely by the transition towards electrification of the automotive industry, has created supply challenges for device manufacturers. To satisfy that demand, fabs need to maximize their yield and add capacity, while meeting a range of technical challenges unique to power devices. The Purion M SiC Power Series platform's common and flexible architecture, coupled with its uniquely differentiated high temperature capability, makes it ideally suited for this expanding application."

About Axcelis:
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for 40 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

CONTACTS:
Maureen Hart (editorial/media) 978.787.4266
Doug Lawson (investor relations) 978.787.9552

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/axcelis-announces-multiple-follow-on-shipments-of-purion-m-sic-power-series-implanter-to-leading-power-device-manufacturers-301268545.html

SOURCE Axcelis Technologies, Inc.

FAQ

What recent shipments did Axcelis Technologies announce?

Axcelis Technologies announced multiple follow-on shipments of the Purion M SiC medium current implanter to power device manufacturers in Europe.

What is the significance of the Purion M SiC implanter for ACLS?

The Purion M SiC implanter is essential for manufacturing high-quality silicon carbide power devices, which are in high demand due to the electrification of the automotive industry.

When were the shipments of Purion M SiC implanters made?

The shipments of the Purion M SiC implanters were made in the first quarter of 2021.

How does the Purion M SiC implanter support the automotive industry?

The Purion M SiC implanter provides advanced processing capabilities that help meet the rising demand for silicon carbide power devices in the automotive sector.

Axcelis Technologies Inc

NASDAQ:ACLS

ACLS Rankings

ACLS Latest News

ACLS Stock Data

2.42B
32.51M
1.2%
99.58%
5.49%
Semiconductor Equipment & Materials
Special Industry Machinery, Nec
Link
United States of America
BEVERLY