MILPITAS, Calif., May 26, 2020 /PRNewswire/
-- KLA Corporation (NASDAQ: KLAC) today announced
the formation of a new business group focused on growth in its
Electronics, Packaging and Components (EPC) businesses. Under the
leadership of KLA Executive Vice President Oreste Donzella, the EPC group extends KLA's
leadership in systems and services across the semiconductor and
microelectronics value chain. The EPC group brings together the
ICOS, Orbotech and SPTS Technologies organizations to target growth
opportunities in new and expanding end markets.
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"This new group integrates KLA's acquisition of the Orbotech and
SPTS business to bring complementary technologies, products and
services into one organization to drive innovation and results in
fast-growing markets," said Rick
Wallace, president and CEO of KLA. "By applying the KLA
operating model, we will enable common processes that allow the new
group to deliver superior value to our customers across the
electronics value chain. This strategy is expected to accelerate
profitability and growth in segments outside our core semiconductor
process control markets, as outlined during our September 2019 investor day."
Global megatrends such as 5G, artificial intelligence (AI) and
the Internet of Things (IoT) continue to drive growth across key
industries like mobile, data center, automotive and virtual
connectivity. This momentum is leading to innovation across
specialty semiconductor process, advanced packaging and printed
circuit board (PCB) manufacturing to enable new capabilities in the
key industries, while supporting increasing quality requirements in
manufacturing. Advanced packaging technologies and high-density
interconnects are employed in high performance computing (HPC) to
enable AI. Wafer processing capabilities for new substrate
materials like silicon carbide (SiC) and gallium nitride (GaN) are
accelerating the transition to electric vehicles. Novel packaging
designs, including integrated antenna in RF devices, are key
enablers for the advancement of 5G connectivity. Finally, MEMS and
IoT sensors for healthcare, smart homes and smart factories will
help transform and improve lives over the coming years.
This new business organization will allow KLA to be even more
focused on meeting the changing needs of our customers and the
marketplace during this growth phase. The EPC group joins KLA's
existing business units, Semiconductor Process Control, which
creates and deploys highly-differentiated inspection and metrology
products, and Global Support and Services, managing the company's
recurring revenue subscription-based services group and KLA Pro
legacy systems.
About KLA:
KLA develops industry-leading equipment and services that enable
innovation throughout the electronics industry. We provide advanced
process control and process-enabling solutions for manufacturing
wafers and reticles, integrated circuits, packaging, printed
circuit boards and flat panel displays. In close collaboration with
leading customers across the globe, our expert teams of physicists,
engineers, data scientists and problem-solvers design solutions
that move the world forward. Additional information may be found
at www.kla.com (KLAC-F).
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SOURCE KLA Corporation