{"id":800424,"date":"2025-01-14T07:33:21","date_gmt":"2025-01-14T12:33:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/onto-innovation-receives-volume-purchase-agreement-from-a-leading-dram-manufacturer-for-metrology-product-suite\/"},"modified":"2025-01-14T07:33:21","modified_gmt":"2025-01-14T12:33:21","slug":"onto-innovation-receives-volume-purchase-agreement-from-a-leading-dram-manufacturer-for-metrology-product-suite","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/onto-innovation-receives-volume-purchase-agreement-from-a-leading-dram-manufacturer-for-metrology-product-suite\/","title":{"rendered":"Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite"},"content":{"rendered":"

<\/p>\n

Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite<\/b><\/p>\n

Announces expansion of metrology suite to support the estimated $400 million critical films market with launch of Iris\u2122<\/sup> G2 metrology system<\/i><\/p>\n

WILMINGTON, Mass.–(BUSINESS WIRE<\/a>)–
\nOnto Innovation Inc. (NYSE: ONTO) today announced that a leading DRAM manufacturer has finalized a $69 million volume purchase agreement spanning Onto Innovation\u2019s optical metrology ecosystem, including common films, optical critical dimension, and integrated metrology. This agreement implies increased adoption of the Iris\u2122<\/sup> system for common films metrology, along with increased adoption of integrated metrology. Deliveries begin in the first quarter of 2025, supporting management\u2019s expectations for the start of a recovery in the DRAM market in 2025.<\/p>\n

\nBeyond memory, the demand for Onto Innovation\u2019s films metrology has been robust, nearly doubling in revenue year over year. In response to market feedback, Onto Innovation is pleased to announce the launch of the Iris G2 system<\/a>, a single platform film metrology system for both common and critical films for advanced node, mature and specialty device applications.<\/p>\n

\nThe Iris G2 system features deep ultraviolet (DUV) spectroscopic ellipsometry (SE) for common films and coupled proprietary laser ellipsometry technologies for critical films. This single platform is expected to serve all common and critical films applications, providing customers with the flexibility to optimize cost of ownership and performance based on their needs. Additionally, a single platform simplifies fleet management and fab operations while reducing overall capital investment.<\/p>\n

\n\u201cThe Iris G2 system offers a flexible, compelling cost of ownership metrology solution for ultra-thin multilayer films measuring 10\u00c5 to 50\u00c5,\u201d says Zhuan Liu, vice president of Onto\u2019s optical metrology suite. \u201cWe believe our proprietary technology will achieve better stability and higher throughput compared to alternative technologies.\u201d<\/p>\n

\nThe Iris G2 system will address the critical films market, forecast to be approximately $400 million in 2025, according to TechInsights and management estimates, with the first shipment scheduled for the first quarter of 2025. To learn more about the Iris G2 thin film metrology system, visit our website, contact us<\/a> or reach out to your local sales team<\/a>.<\/p>\n

About Onto Innovation Inc.<\/b><\/p>\n

\nOnto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that includes 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.<\/p>\n

\nOur 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\u2019 most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers\u2019 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<\/a>.<\/p>\n

Forward Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the \u201cAct\u201d) which include statements relating to Onto Innovation\u2019s business momentum and future growth; the benefit to customers and the capabilities of Onto Innovation\u2019s products and customer service; Onto Innovation\u2019s ability to both deliver products and services consistent with our customers\u2019 demands and expectations and strengthen its market position, Onto Innovation\u2019s beliefs about market opportunities as well as other matters that are not purely historical data. Onto Innovation wishes to take advantage of the \u201csafe harbor\u201d 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\u2019s control. Such factors include, but are not limited to, the Company\u2019s 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 and any potential impact as a result of the novel coronavirus situation; the Company\u2019s ability to effectively manage its supply chain and adequately source components from suppliers to meet customer demand; its ability to adequately protect its intellectual property rights and maintain data security; its ability to effectively maneuver global trade issues and changes in trade and export license policies; the Company\u2019s ability to maintain relationships with its customers and manage appropriate levels of inventory to meet customer demands; and the Company\u2019s ability to successfully integrate acquired businesses and technologies. Additional information and considerations regarding the risks faced by Onto Innovation are available in Onto Innovation\u2019s Form 10-K report for the year ended December 30, 2023, and other filings with the Securities and Exchange Commission. As the forward-looking statements are based on Onto Innovation\u2019s 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, except as required by law.<\/p>\n

\nSource: Onto Innovation Inc.
\n
ONTO-IP<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250114497099\/en\/<\/a><\/span><\/p>\n

\nInvestor Relations:
\n
Sidney Ho, +1 408.376.9163
\n
sidney.ho@ontoinnovation.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Massachusetts<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Manufacturing Hardware Data Management Engineering Technology Semiconductor Manufacturing Other Technology<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite Announces expansion of metrology suite to support the estimated $400 million critical films market with launch of Iris\u2122 G2 metrology system WILMINGTON, Mass.–(BUSINESS WIRE)– Onto Innovation Inc. (NYSE: ONTO) today announced that a leading DRAM manufacturer has finalized a $69 million volume purchase agreement spanning Onto Innovation\u2019s optical metrology ecosystem, including common films, optical critical dimension, and integrated metrology. This agreement implies increased adoption of the Iris\u2122 system for common films metrology, along with increased adoption of integrated metrology. Deliveries begin in the first quarter of 2025, supporting management\u2019s expectations for the start of a recovery in the DRAM market in 2025. Beyond memory, the … <\/p>\n

Continue reading “Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-800424","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOnto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/onto-innovation-receives-volume-purchase-agreement-from-a-leading-dram-manufacturer-for-metrology-product-suite\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Onto Innovation Receives Volume Purchase Agreement from a Leading DRAM Manufacturer for Metrology Product Suite Announces expansion of metrology suite to support the estimated $400 million critical films market with launch of Iris\u2122 G2 metrology system WILMINGTON, Mass.–(BUSINESS WIRE)– Onto Innovation Inc. (NYSE: ONTO) today announced that a leading DRAM manufacturer has finalized a $69 million volume purchase agreement spanning Onto Innovation\u2019s optical metrology ecosystem, including common films, optical critical dimension, and integrated metrology. This agreement implies increased adoption of the Iris\u2122 system for common films metrology, along with increased adoption of integrated metrology. Deliveries begin in the first quarter of 2025, supporting management\u2019s expectations for the start of a recovery in the DRAM market in 2025. 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