KULIM, Malaysia--(BUSINESS WIRE)--Sept. 24, 2003--Silterra
Malaysia Sdn. Bhd., a leading semiconductor wafer foundry, today
announced that it is forecasting robust customer demand in Q4 2003 and
through 2004. Facility utilization rate for the company's Fab 1 will
be over 90 percent in Q4 and is expected to remain healthy during
2004.
Silterra has received record bookings during Q3 2003 and is seeing
equally strong activities in the fourth quarter. The company's demand
forecast shows the booking momentum will continue at least through
2004, and the overall outlook for the 3-year planning horizon is
solid. The company intends to expand its manufacturing capacity to
support the increased demand and new technology ramp.
"The increased demand is broad-based. We are getting more orders
and for higher volume from all of our customers for a variety of
applications, including consumer products, enterprise networking
chips, display drivers and storage controllers," stated Steve Della
Rocchetta, executive vice president of worldwide sales and marketing
for Silterra. "The majority of the new bookings are for our
0.18-micron and smaller technologies. We believe the long awaited
recovery has begun and feel optimistic that we will continue to gain
market share going forward."
The company's customers include both leading IDM and fabless
companies in North America, Taiwan, Japan, Korea and Malaysia.
Silterra also plans to expand its worldwide presence by opening new
offices in Kuala Lumpur, Germany and Korea over the next several
quarters.
About Silterra Malaysia Sdn. Bhd.:
Silterra Malaysia Sdn. Bhd. is a leading semiconductor wafer
foundry offering customers major foundry compatible 0.25-micron,
0.22-micron and 0.18-micron CMOS logic, high-voltage and
mixed-signal/RF technologies. The company was a winner of
Semiconductor International's 2002 Top Fab Award. Silterra's wafer fab
has a designed capacity of 40,000 eight-inch wafers per month. The
company's headquarters and factory are located in Kulim, Malaysia, and
has sales and marketing offices in Sunnyvale (California), Scottsdale
(Arizona) and Hsinchu (Taiwan). For additional information on Silterra
or its services, please visit
www.silterra.com.
CONTACT: Silterra Malaysia Sdn. Bhd.
Steve Della Rocchetta, 408-530-0885
Email Contact
or
Media contact:
Katie Olivier, 972-774-9850
Email Contact
