Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Lambda to Exit Lithography Business
Dec 2004
SANTA CLARA, Calif., Dec. 15 -- Coherent Inc. announced today that its Lambda Physik subsidiary will discontinue future product development and investments in the semiconductor lithography market. It will continue to support its installed lithography base. As a result of this decision, the company expects to take an after-tax charge of between $3 and $6 million during the first quarter ending Jan. 1, 2005. These charges are primarily related to excessive and obsolete inventories.

John Ambroseo, Coherent's president and CEO, said,"Based upon careful analysis of market conditions, Lambda management concluded its new 193-nm LithoTex laser will not generate a satisfactory economic return, and its deployment has been cancelled. The anticipated savings resulting from these transactions, which will begin in calendar 2005, will be disclosed during the upcoming first fiscal quarter earnings conference call Jan. 25, 2005."

For more information, visit:

CoherentindustrialLambda PhysiklithographyLithoTexNews & Featuressemiconductor lithography

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.