Onto Innovation Expands Portfolio of Process Control Solutions for High Growth Specialty Markets
12 Julio 2023 - 8:05AM
Business Wire
Atlas® S and Element™ S systems now introduced
to customers, creating a comprehensive process control portfolio
for the rapidly growing SiC and GaN power device markets
Onto Innovation Inc. (NYSE: ONTO) today announced the
introduction of the Atlas® S optical critical dimension metrology
system and the Element™ S high-speed impurity mapping, dielectric
film composition and epi thickness measurement system. The two new
systems complement existing Dragonfly® inspection, IVS™ overlay,
and Echo™ metrology product families building on the company’s
strategy to provide a portfolio of comprehensive process control
tools and software that work together to solve a wide range of
inherent process challenges in the specialty markets. Within the
specialty markets, growth of power applications, based on Si, SiC
and GaN device technologies, is fueled by the transition to
electric vehicles and the rapid adoption of GaN into fast charge
applications in both consumer and automotive markets. Specifically,
the demand for SiC and GaN power devices is seeing an annual
average growth rate approaching 34% and 44% respectively, through
2027, according to Yole Group. Customer enthusiasm around both
Atlas S and Element S systems has resulted in over $26 million in
bookings with customers taking delivery of initial systems in the
fourth quarter of 2023. These new systems, along with the entire
Onto specialty portfolio, contribute to a 24% increase in year over
year revenue for Onto in the power device market.
The Atlas family of products, including the 2022 Best of West
winner Atlas V system, has been previously adopted by top DRAM,
NAND and logic manufacturers for both optical critical dimension
(OCD) metrology and planar films applications. The breadth of
capabilities and productivity of the Atlas S system are well suited
to a broad range of specialty applications. “With the complexity of
automotive power and specialty devices increasing and the ongoing
wafer size migration, metrology requirements are getting tighter.
Equipped with the latest-generation compute and model
guided-machine learning abilities, the Atlas S system enables OCD
metrology leveraging Mueller matrix-based analysis and Onto
Innovation’s Ai Diffract™ modelling engine, making it a powerful
and flexible optical metrology tool capable of addressing current
and future market needs,” says Aditya Vyas, vice president of
business development for Onto Innovation.
Currently expanding into the power device and broader specialty
markets, the Element product family uniquely combines transmission
and reflection mode-based Fourier transform infrared (FTIR)
measurement systems and has been successfully implemented in DRAM
and CIS manufacturing. “Multi-layer epitaxial layer modeling
is important for many new optical, MEMS and power devices. The
Element S system provides excellent precision in epi layer
characterization using advanced modeling to accurately measure
thickness and free carrier concentration in up to five epi layers
to the very edge of 100mm to 200mm wafers in Si, SiC and the
variety of specialty devices where epi layers are becoming more
integral to device performance,” says Mike Rosa, Onto’s chief
marketing officer and head of strategy. “With improved precision,
the Element S system offers lower cost of ownership and higher
throughput compared to legacy products.”
With a variety of device types, materials and complex
structures, the specialty market brings many unique challenges to
film and dimensional metrology that are distinct from those found
in the advanced node applications. Onto’s flexibility in addressing
these challenges both individually and as part of a broader
portfolio of metrology, inspection and enterprise software products
positions the company to better support customers in this rapidly
growing and increasingly diverse space.
To learn more about Onto’s specialty portfolio products, visit
Onto Innovation during SEMICON® West at booth 629 to discuss
metrology applications or reach out to your local sales team to
learn more about the Atlas S or Element S metrology systems.
About Onto Innovation Inc.
Onto Innovation is a leader in process control, combining global
scale with an expanded portfolio of leading-edge technologies that
include: Un-patterned wafer quality; 3D metrology spanning chip
features from nanometer scale transistors to large die
interconnects; macro defect inspection of wafers and packages;
metal interconnect composition; factory analytics; and lithography
for advanced semiconductor packaging. Our breadth of offerings
across the entire semiconductor value chain combined with our
connected thinking approach results in a unique perspective to help
solve our customers’ most difficult yield, device performance,
quality, and reliability issues. Onto Innovation strives to
optimize customers’ critical path of progress by making them
smarter, faster and more efficient. With headquarters and
manufacturing in the U.S., Onto Innovation supports customers with
a worldwide sales and service organization. Additional information
can be found at www.ontoinnovation.com.
Forward Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
(the “Act”) which include statements relating to Onto Innovation’s
business momentum and future growth; the benefit to customers and
the capabilities of Onto Innovation’s products and customer
service; Onto Innovation’s ability to both deliver products and
services consistent with our customers’ demands and expectations
and strengthen its market position, Onto Innovation’s beliefs about
market opportunities as well as other matters that are not purely
historical data. Onto Innovation wishes to take advantage of the
“safe harbor” provided for by the Act and cautions that actual
results may differ materially from those projected as a result of
various factors, including risks and uncertainties, many of which
are beyond Onto Innovation’s control. Such factors include, but are
not limited to, the Company’s ability to leverage its resources to
improve its position in its core markets; its ability to weather
difficult economic environments; its ability to open new market
opportunities and target high-margin markets; the strength/weakness
of the back-end and/or front-end semiconductor market segments;
fluctuations in customer capital spending; the Company’s ability to
effectively manage its supply chain and adequately source
components from suppliers to meet customer demand; the effects of
political, economic, legal, and regulatory changes or conflicts on
the Company's global operations; its ability to adequately protect
its intellectual property rights and maintain data security; the
effects of natural disasters or public health emergencies, such as
the current COVID-19 pandemic, on the global economy and on the
Company’s customers, suppliers, employees, and business; its
ability to effectively maneuver global trade issues and changes in
trade and export license policies; the Company’s ability to
maintain relationships with its customers and manage appropriate
levels of inventory to meet customer demands; and the Company’s
ability to successfully integrate acquired businesses and
technologies. Additional information and considerations regarding
the risks faced by Onto Innovation are available in Onto
Innovation’s Form 10-K report for the year ended December 31, 2022
and other filings with the Securities and Exchange Commission. As
the forward-looking statements are based on Onto Innovation’s
current expectations, the Company cannot guarantee any related
future results, levels of activity, performance or achievements.
Onto Innovation does not assume any obligation to update the
forward-looking information contained in this press release,
whether as a result of new information, future events or otherwise,
except as required by law.
Source: Onto Innovation Inc. ONTO-IP
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version on businesswire.com: https://www.businesswire.com/news/home/20230712900958/en/
Investor Relations: Michael Sheaffer, +1 978.253.6273
mike.sheaffer@ontoInnovation.com
Onto Innovation (NYSE:ONTO)
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