Creating a New Global Innovator
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.
Extraordinary advances in semiconductor and display technologies have made it possible to mass produce affordable personal electronics – putting PCs, smartphones, tablets and other amazing devices in the hands of consumers around the world.
The mobility trend impacting all of us - with our demands for faster performance, more bandwidth and longer battery life to run those apps we can’t live without - is driving dramatic and fundamental technology changes in the way devices are made. Everything from how transistors are built to the way atoms are laid down (atomic layer deposition – one atom at a time) to the intricate patterns used to create the microchips driving our mobile world is changing. These changes translate into a new phase of industry growth.
Applied Materials and Tokyo Electron will combine their complementary materials expertise to accelerate development of breakthrough products to address future technology inflections.
Details of the planned combination are in the joint news release and on the related microsite at www.newglobalinnovator.com.
We feel we’ve entered into something very special for our two companies and are looking forward to the future.
Watch Applied Materials Executive Chairman, Mike Splinter discuss today’s news on FOX Business.