ACM RESEARCH, INC.

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ACM Research : Secures Order for ECP Demo Tool from Major IC Manufacturer

10/18/2021 | 04:16pm EDT

FREMONT, Calif., Oct. 18, 2021 (GLOBE NEWSWIRE) -- ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today announced the receipt of an evaluation tool order for its Ultra ECP map copper plating tool from a major IC manufacturer. The order specifies a delivery in early 2022 and is subject to technical qualification and other commercial terms.

“We are thrilled to have another major Asia-based semiconductor manufacturer evaluating the Ultra ECP map tool for its advanced process development,” said Dr. David Wang, President and Chief Executive Officer of ACM. “This order is a testament to ACM’s technology leadership, regional support team and growing production scale. We believe a successful qualification of this tool can lead to larger business opportunities with this customer and other major customers in the region.”

ACM’s Ultra ECP map builds on ACM’s proven electro-chemical-plating (ECP) technology. The tool is configured with ACM’s Multi-Anode Partial Plating function, which allows the deposition of the copper metal layer on a dual-damascene structure for its advanced technology nodes. The tool is designed to be compatible with ultra-thin seed layers and to offer high throughput and uptime with a lower cost of consumables and lower cost of ownership.

About ACM Research, Inc.
ACM develops, manufactures and sells semiconductor process equipment for single-wafer or batch wet cleaning, electroplating, stress-free polishing and thermal processes, which are critical to advanced semiconductor device manufacturing and wafer-level packaging. The company is committed to delivering customized, high performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmrcsh.com.

The ACM logo is a trademark of ACM Research, Inc. All rights reserved.

Media Contact:
Jillian Carapella
Kiterocket 
+1 646.402.2408 
jcarapella@kiterocket.com
Company Contacts:
USA
Sally-Ann Henry
ACM Research, Inc.
+1 510.445.3700
  
 China
Xi Wang
ACM Research (Shanghai), Inc.
+86 21 50808868
  
 Korea
YY Kim
ACM Research (Korea), Inc.
+821041415171
  
 Taiwan
David Chang
+886 921999884
  
 Singapore
Adrian Ong
+65 8813-1107


        




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Financials (USD)
Sales 2022 378 M - -
Net income 2022 36,7 M - -
Net cash 2022 504 M - -
P/E ratio 2022 23,1x
Yield 2022 -
Capitalization 751 M 751 M -
EV / Sales 2022 0,65x
EV / Sales 2023 0,71x
Nbr of Employees 877
Free-Float 68,7%
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Number of Analysts 10
Last Close Price 12,69 $
Average target price 30,68 $
Spread / Average Target 142%
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David H. Wang President, Chief Executive Officer & Director
Mark McKechnie Chief Financial Officer, Secretary & Treasurer
Chen Ming C. Hu Independent Director
Tracy Liu Independent Director
Yinan Xiang Independent Director
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