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Photronics Receives Supplier Award from Nanya Technology

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Photronics, a leader in photomask technologies, has received the 2020 Nanya Outstanding Mask Supplier Award from Nanya Technology Corporation. CEO Peter Kirlin expressed gratitude for the recognition, highlighting a 50-year partnership with Nanya and emphasizing their commitment to supporting advancements in 10 nanometer class DRAM memory. With operations spanning Asia, Europe, and North America, Photronics has established itself as a trusted supplier in the semiconductor industry, employing 1,775 people as of October 31, 2019.

Positive
  • Awarded the 2020 Nanya Outstanding Mask Supplier Award, enhancing reputation.
  • 50 years of partnership with Nanya, indicating strong customer relationships.
  • Focus on supporting the development of advanced 10 nanometer class DRAM memory.
Negative
  • None.

BROOKFIELD, Conn., July 09, 2020 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, was selected by Nanya Technology Corporation (TWSE:2408) as 2020 Nanya Outstanding Mask Supplier Award.

“I would like to express my appreciation to Nanya for their valued partnership and recognition of the outstanding service provided by Photronics,” stated Peter Kirlin, chief executive officer. “For over 50 years, we have built our success by creating customer intimacy and becoming a trusted photomask partner. We are proud to support Nanya, and look forward to continuing to work with them as they develop 10 nanometer class DRAM memory for next-generation applications.”

About Photronics

Photronics is a leading worldwide manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. High precision quartz plates that contain microscopic images of electronic circuits, photomasks are a key element in the IC and FPD manufacturing process. Founded in 1969, Photronics has been a trusted photomask supplier for 50 years. As of October 31, 2019, the company had 1,775 employees. The company has 11 strategically located manufacturing facilities in Asia, Europe, and North America. Additional information on the company can be accessed at www.photronics.com.

For Further Information:
R. Troy Dewar, CFA
Vice President, Investor Relations
(203) 740-5610
tdewar@photronics.com


FAQ

What award did Photronics receive from Nanya Technology in 2020?

Photronics received the 2020 Nanya Outstanding Mask Supplier Award.

Who is the CEO of Photronics?

The CEO of Photronics is Peter Kirlin.

What is the significance of the award for PLAB stock?

The award enhances Photronics' reputation and may positively influence PLAB stock performance.

What does Photronics specialize in?

Photronics specializes in photomask technologies and solutions for the semiconductor industry.

How many employees does Photronics have?

As of October 31, 2019, Photronics employed 1,775 people.

Photronics Inc

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Semiconductor Equipment & Materials
Semiconductors & Related Devices
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United States of America
BROOKFIELD