Today, Applied Materials, Inc., and Tokyo Electron, Ltd., announced exciting news – we are combining our companies to form a new global innovator in the semiconductor and display equipment industries. We are bringing together our complementary strengths to create an expanded set of capabilities in precision materials engineering and patterning that are strategically important for customers.
Last week Applied Materials and Tokyo Electron held a media roundtable in Japan to discuss the merger of equals announced on September 24, 2013. Executives from both companies provided updates on the rationale behind the merger, the status of the integration planning, the expected benefits to employees, customers and the industry, as well as answered questions from the audience.
Tetsuro Higashi, Chairman, President and CEO of Tokyo Electron, who will become Chairman of the new company, and Mike Splinter, Executive Chairman of Applied Materials, who will serve as Vice-Chairman, addressed the audience of more than 20 members of the Japanese media.
Applied Materials Executive Chairman Mike Splinter was recognized this week at the Semiconductor Industry Association’s (SIA) 36th annual awards dinner, where he received the Robert N. Noyce Award, the industry’s highest honor, for his significant contributions to the U.S. semiconductor industry in technology and public policy.
A well-known and respected industry veteran, Mike successfully led Applied Materials as CEO for more than a decade, expanding the company’s position as a leading global equipment provider to the semiconductor, display and solar industries, and helping to drive critical innovations in transistor design to further Moore’s Law, the foundation of all...