Seeking Alpha

Kirk Lindstrom's  Instablog

Kirk Lindstrom
Send Message
Kirk Lindstrom has an engineering degree from the University of California, Berkeley. Following 20 years of research and development as a scientist and engineer at Hewlett Packard, Kirk turned his attention to investments where he edits "Kirk Lindstrom's Investment Letter," that... More
My company:
Kirk Lindstrom's Investment Newsletter
My blog:
Kirk's Market Thoughts
My book:
Subscribe to "Kirk Lindstrom's Investment Letter"
  • Ultratech Secures Repeat Advanced Packaging (AP) Order 0 comments
    Jul 3, 2013 10:45 AM | about stocks: UTEK

    Ultratech Secures Repeat AP Order Win With OSAT Customer

    (click to enlarge)3-Yr UTEK Chart

    Major Asian OSAT (outsourced semiconductor assembly and test) Company Orders Ultratech AP300W for High-volume Advanced Packaging Applications

    SAN JOSE, Calif., July 2, 2013 /PRNewswire/ -- Ultratech, Inc. ( My UTEK Charts), a leading supplier of lithography and laser-processing systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs) announced that it has received a repeat order from a leading outsourced semiconductor assembly and test (OSAT) company in Asia. The AP300W lithography system built on Ultratech's customizable Unity Platform™ will be utilized for wafer-level packaging (WLP) applications to support growth driven by communication devices. As the advanced packaging technology requirements evolve, OSATs will play an important role in establishing the supply chain. This major win further confirms Ultratech's ability to deliver operational flexibility, technology leadership and highest economic value for its customers.

    "Demand for thinner mobile communication devices such as smartphones and tablets are driving much of the growth in WLP," according to Jan Vardaman, president and founder of TechSearch International. "Many of the suppliers of the integrated circuits used in these products depend on OSATs to meet their production needs. It is expected that the OSAT expansion will continue over the next several years to address this growth opportunity."

    Ultratech Vice President, Advanced Packaging Technology/Nanotechnology Market Manish Ranjan said, "Ultratech has maintained a leading market position over the last decade by delivering outstanding production performance with superior cost-of-ownership solutions. We look forward to working closely with our customers in the OSAT segment to support their high-volume production ramps."

    Certain of the statements contained herein..... http://seekingalpha.com/news-article/6982112-ultratech-secures-repeat-ap-order-win-with-osat-customer

    (click to enlarge)Recent UTEK Trades in Explore Portfolio

    More about "Explore Portfolio"

    (click to enlarge)Historical UTEK Price Graph

    Disclosure: I am long UTEK.

Back To Kirk Lindstrom's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.