|Bid||72.00 x 1000|
|Ask||73.00 x 800|
|Day's range||70.58 - 73.49|
|52-week range||12.51 - 113.87|
|Beta (5Y monthly)||0.77|
|PE ratio (TTM)||102.59|
|Earnings date||06 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||126.33|
Patented Touch-free Bernoulli Handling and Processing System Supports Wet Processes for Ultra thin Wafers with High-WarpageFREMONT, Calif., Sept. 15, 2020 (GLOBE NEWSWIRE) -- ACM Research, Inc. (NASDAQ: ACMR), a leading supplier of wafer-processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today announced the introduction of its Thin Wafer Cleaning System, a high-throughput, four-chamber system designed for single-wafer wet processes including cleaning, etching and surface finishing. The system is intended for the manufacture of both MOSFET and insulated-gate bipolar transistor (IGBT) devices for the power semiconductor market, and features complete touch-free handling and processing based on the Bernoulli effect to eliminate possible wafer damage and improve final device yield. It supports 200mm and 300mm Si wafers and is suitable for Taiko wafers down to 50-micron thickness, ultra-thin wafers of less than 200-micron thickness, high aspect ratio (>10:1) deep trench wafers as well as double-thickness bonded wafer pairs. Modor Intelligence, a market research consulting firm, expects the IGBT market to increase from US$5.4 billion in 2019 to US$9.4 billion in 2025, based on the broad application range of IGBTs to modern appliances such as cookers, microwaves, electric cars, trains, variable-frequency drives, variable speed refrigerators, air conditioners, lamp ballasts, municipal power transmission systems and stereo systems. Modor Intelligence also reports that sales of electric cars in Europe, North America and China are creating new avenues for IGBTs to support infrastructure and for manufacturing electric vehicles.1Furthermore, keeping up with the miniaturization trend while improving device performance has sparked demand for smaller pitch, deeper trench and thinner wafers. Yole Développement, a market research and technology analysis firm, predicted the market for thinned wafers will increase from 100 million in 2019 to 135 million in 2025, a compound annual growth rate (CAGR) of more than 5%. Yole Développement expects this market growth to be driven by memory, CMOS image sensors and power silicon carbide components as well as LED and laser diodes.2“To compete for market share, power device manufacturers must expand their MOSFET and IGBT manufacturing lines to include wafer thinning equipment, without significantly increasing the overall fab footprint,” said David Wang, ACM’s Chief Executive Officer and President. “We have responded by developing a four-chamber tool that offers much higher throughput than the currently-available two-chamber systems. Additionally, we outfitted the tool with a proprietary contactless handling and processing system to prevent these fragile wafers -- which can be as thin as 50-microns -- from being damaged during the backside thinning and cleaning processes, thereby increasing overall device yield.”ACM’s Thin Wafer Cleaning System has been designed to meet manufacturers’ needs. After mechanical grinding/polishing is performed to achieve desired thickness, the handling system supports these ultra-thin, high-warpage wafers throughout subsequent critical processes, including silicon thinning using a wet-etch step to eliminate microcracks. Additionally, by implementing a different combination of chemistries, the tool can be used for cleaning, photoresist removal, thin film removal and metal etching. The tool’s handling system is programmable to accommodate deep trench, Taiko, ultra-thin wafers or bonded wafers. The robot arms for loading and unloading, as well as the chuck, have been designed for non-contact wafer handling using a proprietary method based on the Bernoulli effect. Nitrogen gas (N2) provides constant pressure to keep the wafer floating in place on the arm, which can be flipped for processing on either side while still holding the wafer in place. This allows for handling high-warpage wafers without contact. During the wet process, the wafer sits front-side down on a Bernoulli chuck, where an N2 flow cushions the wafer, protecting it and keeping it dry. This proprietary design, using ACM’s patented technology on a Bernoulli chuck, features a recipe-controlled gap between the wafer and chuck to meet requirements for undercut width control on the wafer device side edge and pin mark-free control. Additionally, the system can be configured to include an optional thickness measurement function.Each chamber can be configured with up to four swing arms for delivering process chemistries such as wet etchants, solvents, RCA cleaning chemicals, deionized water and nitrogen. Additionally, the chambers are designed to allow reclaiming of two types of chemicals.ACM delivered its first Thin Wafer Cleaning System to a China-based analog/power semiconductor manufacturer in the second quarter of 2020, with revenue recognition subject to qualification and acceptance.ACM’s Thin Wafer Cleaning System is available for purchase now. For more information, please call the ACM regional company contact listed below.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 critical to advanced semiconductor device manufacturing, as well as 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.The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademarks appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to the trademark.References 1. https://www.mordorintelligence.com/industry-reports/insulated-gate-bipolar-transistor-igbt-market 2. http://www.yole.fr/iso_upload/News/2020/PR_THINNING_EQUIPMENT_MATERIALS_Technology_Market_Overview_YOLE_June2020.pdfStatistical Data The information included in this press release contains statistical data and estimates, including forecasts, that are based on information disclosed publicly by Modor Intelligence and Yole Développement in their respective publications listed under “References” above. These publications represent research opinions or viewpoints and are not representations of fact. The publications speak as of their original publication dates (and not as of the date of this press release), and the opinions expressed in the publications are subject to change without notice. While ACM is not aware of any misstatements regarding any of the statistical data or estimates presented from these publications, estimates, and in particular forecasts, inherently involve numerous assumptions and are subject to risks and uncertainties, as well as change based on various factors, that could cause results to differ materially from those expressed in the data and estimates presented in this press release. Readers are cautioned not to place undue reliance on any statistical data or estimates, and ACM undertakes no obligation to update any statistical data or estimates, whether as a result of new information, future events or otherwise.Media Contact: Company Contact: Eric LawsonUSA & Europe KiterocketSallyann Henry +1 480.276.9572 ACM Research, Inc. firstname.lastname@example.org+1 510.445.3700 China Xi Wang ACM Research (Shanghai), Inc. +86 21 50808868 Korea YY Kim ACM Research (Korea), Inc. +82 10 41415171 Taiwan David Chang +866 921-999-884 Singapore Adrian Ong +65 8813-1107
ACM Research (ACMR) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.
With a price-to-earnings (or "P/E") ratio of 73.2x ACM Research, Inc. (NASDAQ:ACMR) may be sending very bearish...