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Technology Stocks : Watkins-Johnson

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To: Duker who wrote (70)3/24/1999 5:48:00 PM
From: Duker  Read Replies (1) of 75
WJ Semiconductor Equipment Group Receives Order from Hyundai Electronics Company

SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--March 24, 1999--WJ Semiconductor Equipment Group, Inc. (SEG), a wholly owned subsidiary of Watkins-Johnson Company (NYSE:WJ - news), announced today that it received a multiple-system order for two models of its successful atmospheric-pressure chemical-vapor deposition (APCVD) systems, the WJ-1000 and WJ-1500, from Hyundai Electronics Company of Korea.

Hyundai is purchasing the SEG equipment for both its Korean and US fabs. The SEG systems were chosen over competitors for their superior technology and low cost of ownership in both pre-metal dielectric (PMD) and shallow trench isolation (STI) applications.

The WJ-1500 is SEG's newest 200-mm continuous-process APCVD system. A refinement of the industry leading WJ-1000, the WJ-1500 provides production solutions for 0.18-micron technology semiconductor fabrication plants (fabs) in PMD and STI. It offers exceptional uptime and film uniformity for semiconductor device fabrication. The system provides production availability of 85 percent, and achieves film uniformity of less than 1.5 percent across the wafer, with non-detectable metals below 2E10 atoms per square centimeter.

SEG is also offering WJ-1500 Upgrade Kits for existing WJ-1000 installations to allow customers extension capability for 0.18-micron technology production requirements.

''This continued business from Hyundai indicates that SEG APCVD systems continue to be an important part of our customer's pursuit of improved yields,'' said Tom Pye, WJ Semiconductor Equipment Group's manager of strategic planning. ''We are pleased to announce Hyundai's selection of SEG systems for state-of-the-art manufacturing. SEG's market leadership in STI and PMD applications is being extended to the 0.15-micron generation.''

SEG is the market leader in APCVD systems for the worldwide semiconductor-manufacturing industry. The group is dedicated, through research and development, to continued expansion by meeting global demand for advanced dielectric-deposition technology.

Watkins-Johnson Company, headquartered in Palo Alto, California, specializes in two high-technology business areas. WJ's wireless-communications units produce radio-frequency components, subassemblies and equipment for fixed and mobile networks worldwide. The company's Semiconductor Equipment Group produces APCVD systems for high-volume integrated-circuit manufacturing. For more information, visit

Forward-looking Statements

This news release contains forward-looking statements that involve risks and uncertainties, including customers seeking faster or delayed delivery based on changing needs, the impact of competitive products and pricing, and the other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended December 31, 1998. Actual results may vary materially.


WJ Semiconductor Equipment Group, Inc.
Linda L. Johnson, 831/439-6297 (Editorial)
Don Tran, 831/439-4724 (Technical)
Watkins-Johnson Co.
Frank E. Emery, 650/813-2752 (Financial)
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