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Semiconductor industry

Samsung Places Multi-Million Dollar Order with GaSonics for Semiconductor Equipment

Strategic Insights

— 1 min read

Samsung Electronics has secured a major contract with GaSonics International Corporation to supply equipment for its new sub-micron wafer fabrication plant in the Republic of Korea. The multi-system order is valued at several million dollars and includes photoresist removal and isotropic etching systems to be installed in Samsung's Line 7 facility. This significant investment underscores the importance of long-term relationships in the Asian market for both companies.

Key Takeaways:

  • GaSonics International Corporation, a leading supplier of semiconductor processing equipment, has secured a multi-million dollar order from Samsung Electronics for equipment to be installed in Samsung's new sub-micron wafer fabrication plant in the Republic of Korea.
  • The order includes photoresist removal and isotropic etching systems to be installed in Samsung's Line 7 facility, valued at several million dollars.
  • GaSonics president Dave Toole highlighted the significance of long-term relationships in the Asian market, stating, "We have had a strong relationship with Samsung for the last decade."
  • The company has more than 2,900 systems installed worldwide and is a leading supplier of semiconductor processing equipment.
  • GaSonics went public in March 1994 and has 8.9 million common shares outstanding, trading on the Nasdaq National Market under the symbol GSNX.
  • The company's headquarters are located in San Jose, California, with a telephone number of 408/944-0212 and a fax number of 408/473-9509.

Statistics:

  • GaSonics has more than 2,900 systems installed worldwide.
  • The company has 8.9 million common shares outstanding.
  • The Nasdaq National Market symbol for GaSonics is GSNX.
  • The order is valued at several million dollars, but no specific figure is provided.
  • Samsung's new sub-micron wafer fabrication plant in the Republic of Korea, Line 7, is expected to be equipped with the ordered systems early next year.

Sources:

  • GaSonics International Corporation press release, September 12, 1995
  • Business Wire, "Samsung Places Multi-Million Dollar Order with GaSonics for Semiconductor Equipment", September 12, 1995

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