BEVERLY, Mass. and DURHAM, N.C., July 26,
2023 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq:
ACLS), a leading supplier of enabling ion implantation solutions
for the semiconductor industry, today announced a shipment of a
Purion H200™ SiC ion implant system to Wolfspeed, a
global leader in silicon carbide technology. The evaluation system
will be used to support the production of power devices for
electric vehicle (EV) applications.
Axcelis announced a shipment of a Purion
H200™ SiC ion implant system to Wolfspeed.
President and CEO Dr. Russell Low
of Axcelis commented, "The power device market continues to grow
rapidly and is a key driver of our growth globally. We are pleased
to continue to support Wolfspeed's fab capacity expansion and are
also excited about the potential of this new opportunity focused on
high current implant applications in silicon carbide power
devices."
"The popularity of electric vehicles is only steepening,
and Wolfspeed is focused on scaling our capacity to meet the surge
in demand for our silicon carbide devices. We partnered with
Axcelis due to their expertise, highly differentiated features, and
process control capabilities that are essential for power device
applications," said Missy Stigall,
Wolfspeed senior vice president of global fab operations.
"Together, we will work to ease supply chain constraints as more
and more EVs utilizing Wolfspeed's silicon carbide technology are
introduced to the market."
Wolfspeed is currently engaged in a $6.5
billion capacity expansion effort to dramatically increase
production. This includes the John Palmour Manufacturing Center for
Silicon Carbide, the world's largest Silicon Carbide crystal growth
facility currently under construction in North Carolina, and the final build-out of the
company's Mohawk Valley Fab in New
York. Earlier this year the company also announced its plans
to build a highly automated, cutting-edge 200mm wafer fabrication
facility in Saarland, Germany.
About Axcelis:
Axcelis (Nasdaq: ACLS), headquartered
in Beverly, Mass., has been
providing innovative, high-productivity solutions for the
semiconductor industry for over 45 years. Axcelis is dedicated to
developing enabling process applications through the design,
manufacture and complete life cycle support of ion implantation
systems, one of the most critical and enabling steps in the IC
manufacturing process. Learn more about Axcelis at
www.axcelis.com.
About Wolfspeed:
Wolfspeed (NYSE: WOLF) leads
the market in the worldwide adoption of silicon carbide and GaN
technologies. We provide industry-leading solutions for efficient
energy consumption and a sustainable future. Wolfspeed's product
families include silicon carbide materials, power devices and RF
devices targeted for various applications such as electric
vehicles, fast charging, 5G, renewable energy and storage, and
aerospace and defense. We unleash the power of possibilities
through hard work, collaboration and a passion for innovation.
Learn more at www.wolfspeed.com.
Twitter: @Wolfspeed
LinkedIn: @Wolfspeed
Wolfspeed® is a registered trademark of Wolfspeed,
Inc. Axcelis® is a registered trademark and Purion
H200™ is a trademark of Axcelis Technologies, Inc.
Forward Looking Statements:
This press release contains forward-looking statements by
Wolfspeed involving risks and uncertainties, both known and
unknown, that may cause Wolfspeed's actual results to differ
materially from those indicated. Actual results may differ
materially due to a number of factors, including risks associated
with Wolfspeed's expansion plans, including design and construction
delays and cost overruns, timing and amount of government
incentives actually received, issues in installing and qualifying
new equipment and ramping production, poor production process
yields and quality control; the continued pace of the transition to
using silicon carbide devices in electric vehicles and other
industrial uses; Wolfspeed's ability to develop and design silicon
carbide devices that will continue to improve performance in broad
markets; the rapid development of new technology and competing
products that may impair demand or render Wolfspeed's silicon
carbide products obsolete; and other factors discussed in
Wolfspeed's filings with the Securities and Exchange Commission,
including its report on Form 10-K for the year ended June 26, 2022, and subsequent filings. For
additional product and company information, please refer
to www.wolfspeed.com.
CONTACTS:
Axcelis:
Maureen Hart
(editorial/media) 978.787.4266
Doug Lawson (investor relations)
978.787.9552
Wolfspeed
Melinda
Walker
Director, Corporate Communications
818-261-4585
media@wolfspeed.com
Tyler Gronbach
VP, External Affairs
919-407-4820
investorrelations@wolfspeed.com
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SOURCE Axcelis Technologies, Inc.