STOCK TITAN

ACM Research Announces Delivery of Smart Megasonix Wafer Cleaning Tool to U.S. Demo Lab of Leading Global Semiconductor Equipment Manufacturer

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

ACM Research, Inc. (NASDAQ: ACMR) has successfully delivered its Ultra C SAPS II tool to a leading global semiconductor equipment supplier in the U.S. This marks the first installation of Smart Megasonix technology in the country. The tool will be assessed at the OEM's demo lab to evaluate its performance with existing semiconductor solutions. Dr. David Wang, CEO, expressed confidence in ACM's technology supporting industry advancements. This milestone is part of ACM's strategy to enhance its footprint in North America.

Positive
  • Successful delivery and installation of Ultra C SAPS II tool, enhancing ACM's presence in North America.
  • Collaboration with a prominent semiconductor equipment supplier, expanding potential customer base.
  • CEO's optimistic outlook on supporting next-generation semiconductor technologies.
Negative
  • Limited experience in selling in North America may pose future challenges.
  • Risks associated with market acceptance of new technologies.
  • Potential impact from government trade policies and economic uncertainties, including COVID-19.

FREMONT, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today announced that it has delivered an Ultra C SAPS II tool for R&D to a leading global supplier of semiconductor process equipment for wafer manufacturing. ACM’s SAPS technology will be evaluated at the OEM’s U.S. demo lab to assess its performance with the OEM’s world-class semiconductor processing solutions. This marks the first delivery and installation of Smart Megasonix technology in the United States.

ACM’s President and Chief Executive Officer Dr. David Wang commented, “We are excited to provide our wafer cleaning technology to a leading global semiconductor equipment supplier in the United States. We are confident that ACM’s advanced cleaning capabilities can support industry migration to next-generation process nodes. We view this opportunity as an important milestone toward ACM’s goal of expanding its customer base to North America.”

Installation of the SAPS II tool at the OEM’s demo lab is underway, with support from ACM’s U.S. and international service teams.

About ACM Research, Inc.

ACM develops, manufactures and sells semiconductor process equipment for single-wafer or batch wet cleaning, electroplating, stress-free polishing and thermal processes that are critical to advanced semiconductor device manufacturing, as well as wafer-level packaging. The company is committed to delivering customized, high performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield.

© ACM Research, Inc. SAPS, SMART MEGASONIX, ULTRA C and the ACM Research logo are trademarks of ACM Research, Inc. For convenience, these trademarks appear in this press release without a ™ symbol, but that practice does not mean that ACM Research will not assert, to the fullest extent under applicable law, its rights to such trademarks.

Forward-Looking Statements

Statements contained in the second paragraph of this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the intent, belief and current expectations with respect to the potential of ACM’s tools to support migration to new process nodes and of ACM to expand to sell more tools in North America. Such statements, which are expectations only, reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, market acceptance of ACM’s SAPS and other technologies, ACM’s ability to compete effectively by, among other things, enhancing its existing tools and achieving market acceptance, ACM’s ability to manage its growth, ACM’s limited experience in selling in North America, potential changes in government trade policies (including the imposition of tariffs by U.S. and PRC governments), and economic concerns, including the unpredictability of current markets resulting from the ongoing COVID-19 pandemic. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

For investor and media inquiries, please contact:

In the United States:The Blueshirt Group
 Ralph Fong
 +1 (415) 489-2195
 ralph@blueshirtgroup.com
  
In China:The Blueshirt Group Asia
 Gary Dvorchak, CFA
 +86 (138) 1079-1480
 gary@blueshirtgroup.com

 


FAQ

What is the significance of ACMR's Ultra C SAPS II tool delivery?

The delivery of ACMR's Ultra C SAPS II tool marks its first installation of Smart Megasonix technology in the U.S., representing a significant step in expanding its market presence.

Who is ACMR collaborating with for the SAPS II tool installation?

ACMR is collaborating with a leading global supplier of semiconductor process equipment.

What are the expectations for ACM's SAPS technology?

ACM expects its SAPS technology to support the industry's migration to next-generation semiconductor process nodes.

What challenges might ACMR face in North America?

ACMR faces challenges such as limited experience in North America and potential trade policy changes that could affect market dynamics.

ACM Research, Inc.

NASDAQ:ACMR

ACMR Rankings

ACMR Latest News

ACMR Stock Data

1.15B
57.61M
14.9%
58.27%
7.93%
Semiconductor Equipment & Materials
Special Industry Machinery, Nec
Link
United States of America
FREMONT