Semiconductor manufacturing equipment sales reach 3-year high

“Bookings for new semiconductor manufacturing equipment are at their highest levels in three years and industry billings haven’t been this strong since April of 2001,” says Stanley Myers, president and CEO of SEMI. “The data further supports the industry outlook for strong industry growth this year.”

(March 23, 2004) Fremont, Calif. and Singapore&#8212ST Assembly Test Services Ltd. (STATS) and ChipPAC Inc. have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the pending merger between the two companies. STATS is a leading semiconductor test and advance packaging service provider, while ChipPAC is one of the largest and most diversified providers of semiconductor assembly and test services.

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