Nova Measuring Instruments Receives New Bookings Totaling $2M for Several Integrated Metrology Units

Nova Measuring Instruments Ltd. (NASDAQ: NVMI) provider of leading edge stand-alone metrology and the market leader of integrated metrology solutions to the semiconductor process control market, today announced that it has received new bookings totaling $2M for several integrated metrology units, to support a first phase of large scale capacity expansion at a leading memory manufacturing site. These tools will support the introduction of memory chips at technology nodes of 40nm and below.

"As stated in our recent quarterly conference call, the last few quarters have been characterized by technology migration of existing capacity. We are now clearly entering the second phase of recovery where our customers are moving forward and increasing capacity to support the need for high end devices. These orders clearly signal an additional step up in business activity, and given recent customer announcements, we expect this trend to continue in the coming quarters", commented Gabi Seligsohn, President & CEO at Nova.

The Company expects to complete the shipment of these tools by the end of the first quarter of 2010.

Nova Measuring Instruments Ltd. develops, produces and markets advanced integrated and stand alone metrology solutions for the semiconductor manufacturing industry. Nova is traded on the NASDAQ & TASE under the symbol NVMI. The Company's website is http://www.nova.co.il.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.