Uniroyal Technology Corporation Announces Ten-Fold Expansion Of Silicon Carbide Wafer Production At Sterling Semiconductor
Source: Uniroyal Technology Corporation
Sarasota, FL. Sterling Semiconductor, Inc. (Sterling), a subsidiary of Uniroyal Technology Corporation (Nasdaq: UTCI), has begun installation of additional silicon carbide (SiC) production equipment that is expected to increase its SiC wafer production by a factor of ten when the build out is completed in 2001.
Sterling is a leading producer of SiC wafers used to make advanced semiconductor devices with performance capabilities that exceed the limits of semiconductors made on conventional materials such as silicon and gallium arsenide. Applications include high power, wireless, and optoelectronics devices. The current build out is primarily aimed at installing additional crystal growth furnaces, based upon Sterling s proprietary design, that are used to make SiC crystals which are then sliced into wafers.
"Increasing the capacity of Sterling s silicon carbide wafer production is one of the key elements of Uniroyal s investment in silicon carbide," said Robert L. Soran, President and Chief Operating Officer of Uniroyal Technology Corporation. "We continue to be encouraged by the fact that demand for SiC products exceeds supply, and this expansion is intended to meet the needs of customers requiring 4H, 6H and semi-insulating silicon carbide wafers. Wafers will also be used internally by Sterling for the development of silicon carbide devices." The Company also plans to add additional crystal growth furnaces to expand the Company s R&D effort as well.
Uniroyal Technology s Compound Semiconductors & Optoelectronics business segment includes Uniroyal Optoelectronics and Sterling Semiconductor, Inc. Uniroyal Optoelectronics manufactures high brightness light emitting diodes (HB-LEDs), a rapidly growing market with applications such as traffic signals, indoor/outdoor signage and automotive applications. Sterling Semiconductor is a leading producer of silicon carbide (SiC) substrates, epitaxial thin films on SiC substrates and is developing SiC devices for wireless communications, industrial process control, and power amplification. Well-known brand names in Uniroyal s Coated Fabrics and Specialty Adhesives segments include NAUGAHYDE(R) and NAUGASOFT(TM) in coated fabrics and, SILAPRENE(R), HYDRA FAST-EN(R) and GUNTHER ULTRA/BOND(R) in adhesives. The Company s common stock and warrants trade on the Nasdaq/NMS under the symbols UTCI and UTCIW, respectively.
Statements made herein that are forward-looking in nature within the meaning of the Private Securities Litigation Reform Act of 1995 are subject to risks and uncertainties that could cause actual results to differ materially. Such risks and uncertainties include, but are not limited to, those related to business conditions and the financial strength of the various markets served by the Company, the level of spending for such products and the ability of the Company to successfully manufacture and market its products.
For the latest news about Uniroyal Technology Corporation, call 800-836-4014.
Contact: George J. Zulanas, Jr., CFO of Uniroyal Tel: 941-361-2220 or Mark N. Tyler of TT Communications Tel: 212-962-3690
George J. Zulanas, Jr., CFO of UniroyalTel: 941-361-2220
or
Mark N. Tyler of TT Communications
Tel: 212-962-3690
