MKS Instruments Powers its Way to Market Share Gains in 2020
April 22 2021 - 9:00AM
MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of
technologies that enable advanced processes and improve
productivity, today announced significant market share gains across
a number of product categories in 2020, as recently reported by
VLSI, an independent research and analytics firm.
In a year when industry spending on Semiconductor Capital
Equipment was up 19 percent, revenue from MKS’ Semiconductor Market
grew almost 50 percent, driven by significant share gains across
its critical vacuum subsystems portfolio, led by RF Power Supplies
and Remote Plasma solutions. While MKS gained more than 2 percent
of share in total Critical Subsystems, MKS delivered an impressive
almost 10 percent of share gain in the RF Power Supplies segment,
driven by multiyear investments in RF Power technology for leading
edge semiconductor processing. In addition, MKS gained over 6
percent of share in Remote Plasma Sources, which are utilized in
traditional chamber cleaning and enable the most demanding on wafer
deposition processes. MKS also gained share in other
critical vacuum subsystems, such as Pressure Gauges and Valves.
“We are very pleased with our significant market share gains in
2020, which are a testament to our unique Surround the Chamber®
strategy, our operational excellence, and our deep commitment to
innovation and accelerating customer roadmaps,” said John T.C. Lee,
President and CEO of MKS. “Over the last five years, we have made
sizeable and focused investments in our RF Power business, and this
has culminated into key design wins that are fueling our market
share gains. As a result, we are now essentially tied for the
number one market share position for RF Power Supplies, according
to the independent VLSI report.”
The MKS RF Generator portfolio enables the most challenging
processes in memory chip production. As the vertical structure in
memory chips have scaled to unprecedented levels, so too have the
requirements for RF Generators, where power levels have increased
greater than 10-fold over the last five years. At the same time,
the need for ever more precise delivery of this power has required
the use of MKS’ unique control algorithms, an innovative
combination of capabilities which has given MKS a competitive
advantage.
About MKS Instruments
MKS Instruments, Inc. is a global provider of
instruments, systems, subsystems and process control solutions that
measure, monitor, deliver, analyze, power and control critical
parameters of advanced manufacturing processes to improve process
performance and productivity for our customers. Our products are
derived from our core competencies in pressure measurement and
control, flow measurement and control, gas and vapor delivery, gas
composition analysis, electronic control technology, reactive gas
generation and delivery, power generation and delivery, vacuum
technology, lasers, photonics, optics, precision motion control,
vibration control and laser-based manufacturing systems solutions.
We also provide services relating to the maintenance and repair of
our products, installation services and training. Our primary
served markets include semiconductor, industrial technologies, life
and health sciences, and research and defense. Additional
information can be found at www.mksinst.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 regarding the future financial
performance, business prospects and growth of MKS Instruments, Inc.
(“MKS” or the “Company”). These statements are only predictions
based on current assumptions and expectations. Any statements that
are not statements of historical fact (including statements
containing the words “will,” “projects,” “intends,” “believes,”
“plans,” “anticipates,” “expects,” “estimates,” “forecasts,”
“continues” and similar expressions) should be considered to be
forward-looking statements. Actual events or results may differ
materially from those in the forward-looking statements set forth
herein. Among the important factors that could cause actual events
to differ materially from those in the forward-looking statements
are the conditions affecting the markets in which MKS operates,
including the fluctuations in capital spending in the semiconductor
industry and other advanced manufacturing markets, fluctuations in
sales to our major customers, the ability to anticipate and meet
customer demand, manufacturing and sourcing risks, including supply
chain disruptions and component shortages, the terms of our term
loan facility, competition from larger or more established
companies in MKS’ markets, MKS’ ability to successfully grow its
business and particularly the business of Electro Scientific
Industries, Inc., which it acquired in February 2019, the
challenges, risks and costs involved with integrating the
operations of the companies we have acquired, potential
fluctuations in quarterly results, dependence on new product
development, rapid technological and market change, acquisition
strategy, manufacturing and sourcing risks, volatility of stock
price, international operations, financial risk management, and the
other factors described in MKS’ Annual Report on Form 10-K for the
year ended December 31, 2020 and any subsequent Quarterly Reports
on Form 10-Q, as filed with the SEC. MKS is under no obligation to,
and expressly disclaims any obligation to, update or alter these
forward-looking statements, whether as a result of new information,
future events or otherwise after the date of this press
release.
MKS Contacts:Investor Relations:David
RyzhikVice President, Investor RelationsTelephone: (978)
557-5180Email: david.ryzhik@mksinst.com
Press Relations:Bill CaseySenior Director, Marketing
CommunicationsTelephone: (630)
995-6384Email: bill.casey@mksinst.com
Tom Davies / Jeremy FieldingKekst CNC Press LiaisonsEmails:
tom.davies@kekstcnc.com / jeremy.fielding@kekstcnc.com
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