Soitec wins long-term AMD deal
Under the terms of the multi-year agreement, projected to total more than US$50 million for 2005 alone, Soitec will supply AMD with both 200mm and 300mm SOI wafers.
Soitec is one of the world's leading manufacturers of SOI and other engineered substrates. The firm has been supplying AMD with volume quantities of thin-film SOI substrates for some time.
"We are extremely pleased with this follow-on order from our long-time customer, AMD," said Soitec president and chief executive officer Andre Auberton-Herve.
"It reaffirms a mutual commitment to our relationship, as well as AMD's continuing recognition and confidence in Soitec's high-quality SOI material for volume production in both 200mm and 300mm wafer sizes.
"This order also further validates our decision to invest in 300mm manufacturing during the last industry downturn, as it has strategically positioned Soitec to deliver the on-demand capacity needed to support our growing customer needs."