Nova selected by a leading foundry for its most advanced 10nm and 7nm FinFET nodes

Nova Measuring Instruments, a provider of metrology solutions for advanced process control used in semiconductor manufacturing, announced today that a leading foundry recently selected Nova’s optical and X-ray metrology solutions for multiple process steps, including CMP, Etch and Deposition, for its most advanced technology nodes. The selection by this major foundry in Asia covers metrology solutions for process control in production in 10nm and 7nm technology nodes and metrology solutions for R&D process development in 5nm technology node. As part of this selection, Nova has already started to deliver integrated and stand-alone platforms during the fourth quarter of 2015 and will continue to support the ramp up for these advanced technology nodes during the coming years.

Nova’s solutions were selected due to superior metrology performance, high productivity and technology extendibility, to handle the future challenges of critical dimension (CD) and materials measurements of 3D FinFET gates in sub 10nm technology nodes. The selection was made following an intensive evaluation and includes Nova’s most advanced product suite of integrated and stand-alone metrology systems, offering unique and advanced measurement capabilities, enhanced with NovaMARS innovative modeling software. Nova’s comprehensive solution demonstrated best-in-class technology offering, combined with enhanced productivity capabilities and long term extendibility.

“This selection by the world’s leading foundry, following a comprehensive evaluation, represents a powerful vote of confidence in our metrology portfolio for the most advanced technology nodes,” stated Eitan Oppenhaim, Nova’s President and CEO. “This selection is another proof point for our industry leadership, as well as our strong position in the foundry segment, and validates our expectations for extensive growth in metrology intensity in the advanced nodes. I am gratified that we were able to demonstrate, once again, the value of our disruptive innovation, which matches aggressively to our customer’s roadmap and provides a great support for our growth plans in the coming years.”

Oppenhaim concluded, “We are reaffirming our revenue guidance for the fourth quarter of the year, representing record top-line results in 2015.”

The company revenue guidance for the fourth quarter of 2015 is $37 million to $41 million, which implies to $145.5 million to $149.5 million in annual revenues in 2015.

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