Amtech Announces $10M in Solar Orders from Solar Technology Leaders; Obtains Second PECVD Production Order
Amtech Systems, Inc.
131 S. Clark Dr.
Tempe, AZ, 85281
Press release date: February 27, 2014
TEMPE, Ariz. – Amtech Systems, Inc. (NASDAQ: ASYS), a global supplier of production and automation systems and related supplies for the manufacture of solar cells, semiconductors, and sapphire and silicon wafers, today announced it has received approximately $10 million in new solar orders, including orders for its diffusion and PECVD systems from respected solar technology leaders in Korea and Taiwan. The orders are expected to ship within the next six months.
Mr. Fokko Pentinga, Chief Executive Officer of Amtech, commented, "We are very pleased to see this new demand for our products from solar technology leaders in Asia. These industry leaders reflect the increasing demand for solar technology solutions and a renewed market interest in adding new, highly productive capacity to meet the goal of higher solar cell efficiency at a lower total cost of ownership. We continue to have discussions with both current and potential new customers about our leading-edge technology solutions including our ion implant system, N-type and PECVD technologies. We are proud of securing the second PECVD production order, and believe our new PECVD system alone has the potential to more than double our served available market."
About Amtech Systems, Inc.
Amtech Systems, Inc. manufactures capital equipment, including silicon wafer handling automation, thermal processing and ion implant equipment and related consumables used in fabricating solar cells, LED and semiconductor devices. Semiconductors, or semiconductor chips, are fabricated on silicon wafer substrates, sliced from ingots, and are part of the circuitry, or electronic components, of many products including solar cells, computers, telecommunications devices, automotive products, consumer goods, and industrial automation and control systems. The Company's wafer handling, thermal processing and consumable products currently address the diffusion, oxidation, and deposition steps used in the fabrication of solar cells, LEDs, semiconductors, MEMS and the polishing of newly sliced silicon wafers.
SOURCE Amtech Systems, Inc.