DGAP-News

Manz AG: Lam Research and Manz AG Begin Operations of Joint Venture Talus Manufacturing in Taiwan

DGAP-News: Manz AG / Key word(s): Joint Venture
Manz AG: Lam Research and Manz AG Begin Operations of Joint Venture Talus
Manufacturing in Taiwan

06.09.2016 / 08:01
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Lam Research and Manz AG Begin Operations of Joint Venture Talus
Manufacturing in Taiwan

- Talus enables greater proximity and service to customers in region

- Global Refurbishment Center to upgrade and refurbish Lam's production
equipment for the semiconductor industry

FREMONT, CA and REUTLINGEN, Germany September 6, 2016 - Lam Research
Corporation (Nasdaq: LRCX), an advanced manufacturer of semiconductor
equipment and Manz AG, a high tech equipment contract manufacturer, today
announced that they have begun operations of their joint venture, Talus
Manufacturing Ltd., a global refurbishment center in Taiwan. Talus
Manufacturing will upgrade and refurbish Lam's semiconductor manufacturing
equipment to fulfill customer demands in Taiwan and globally.

"Manz AG, a well-established Lam qualified supplier, has proven
semiconductor expertise, an established presence in Asia, and meets Lam's
high quality standards," said Tim Archer, COO, Lam Research. "The
refurbishment center will continue to strengthen Lam's manufacturing
presence throughout the Asia region. Talus Manufacturing enhances our
ability to meet customer demands for both advanced technology and previous
generation nodes with improved flexibility, more rapid response, and
shorter lead times."

With the realization of the Internet of Things, or IoT, as well as demand
for more diverse applications, semiconductor manufacturers are extending
fab productivity by developing alternative solutions for the market that
utilize older generation products. As these markets thrive, Talus will
enable Lam to more quickly and efficiently serve this growing market.

"The operational start of the joint venture is the continuation of our long
and successful cooperation with Lam Research," said Dieter Manz, CEO and
founder of Manz AG. "With Talus, we are strengthening our operating
business in Asia and can use our available capacities in Taiwan more
efficiently. Overall, this will contribute to improved profitability in
Asia as well as at the Group level. We are looking forward to a successful
collaboration with Lam Research."

Lam Research provides a full suite of services to restore used equipment to
original specifications with guaranteed performance as well as build new
legacy tools, which significantly reduces chipmakers' risk and uncertainty.
Technology from leading edge applications is used both in Lam's newly built