Applied Materials to Receive 2013 IEEE Corporate Innovation Recognition Award
(Thomson Reuters ONE Via Acquire Media NewsEdge)
Industry-leading PECVD technology enables more affordable and innovative LCD TVs
SANTA CLARA, Calif., January 14, 2013 - Applied Materials, Inc. (Nasdaq: AMAT),
a leading semiconductor, display and solar photovoltaic equipment manufacturer,
today announced it is being honored with the 2013 IEEE Corporate Innovation
Recognition award for its outstanding contributions to PECVD technology for flat
panel display manufacturing.
The award recognizes Applied's influential role in enabling the cost of LCD TVs
to fall by more than 95% over the past decade through continuous innovation. The
award is sponsored by IEEE, the world's largest professional association
dedicated to advancing technology for humanity, and will be presented on June
29, 2013 at the IEEE Honors Ceremony in San Diego.
Since 1917, the IEEE Awards Program has paid tribute to technical professionals
whose exceptional achievements and outstanding contributions have made a lasting
impact on technology, society, the engineering profession, and humanity. The
Corporate Innovation Recognition award was established in 1985 and recognizes
outstanding and exemplary innovation by an industrial entity, governmental or
academic organization, or other corporate body, within the fields of interest to
the IEEE. Recipients of IEEE-level awards are recognized as the most influential
members in their chosen field. They are revered for their resolve to discover,
extend, or complement technological advancements in education, industry,
research, and service. Each year, new recipients join the prestigious IEEE Award
honoree list through a selective peer nomination and approval process.
"It is an honor to receive this prestigious recognition for our innovative
display technology from an engineering authority that shares Applied's core
values of advancing technology to benefit humanity and that continues to raise
the bar in precision materials engineering excellence," said Ali Salehpour,
group vice president and general manager, Energy and Environmental Solutions and
Display business groups at Applied Materials. "I would like to thank all of our
employees and valued customers who have made these technological advancements
"IEEE medals recognize those who have changed the world, those whose work are
prominent in the history of science and technology, and those whose work has
enhanced our quality of life," said Gordon W. Day, IEEE President and CEO.
Applied entered the flat panel display equipment industry in 1991 in response to
what it saw as an unmet need for advanced fabrication equipment. Building on its
decades of expertise in semiconductor manufacturing, the company has developed
breakthrough processes for fabricating TFT-LCDs for TVs as well as desktop
monitors, laptops and, more recently, tablets and smartphones. These processes,
which include CVD and physical vapor deposition, have helped accelerate the
growth of the display industry.
Leveraging its semiconductor equipment-making experience, Applied developed a
CVD system for second generation TFT-LCD fabs which dramatically increased yield
and productivity compared to existing alternatives. This breakthrough enabled
the TFT-LCD to become the first flat panel display technology to challenge the
display market dominance of the cathode ray tube.
"Applied Materials is proud of this prestigious recognition from IEEE," said Dr.
Brian Shieh, corporate vice president and general manager of Display CVD
products. "Our significant materials engineering achievements in PECVD have
enabled us to provide our customers with the right technology to support their
businesses and we will continue to innovate in order to serve them with leading
next- generation technology."
The company's display technology leadership has been repeatedly demonstrated for
more than 20 years as the area of the glass substrates has increased from
0.2m(2) to as much as 9m(2) today. Virtually every new display passes through
its equipment during production, helping to make possible more powerful,
portable and affordable flat panel displays for consumers around the world.
The ubiquity of LCDs is due in no small part to Applied Materials, whose PECVD
equipment has enabled display customers' product innovations to rapidly reach
mass production and meet key price targets that ensured their adoption in the
marketplace. The company has maintained a market leadership position in PECVD
For more information about Applied's innovative solutions for display
manufacturing, please visit www.appliedmaterials.com/display.
About Applied Materials
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in providing
innovative equipment, services and software to enable the manufacture of
advanced semiconductor, flat panel display and solar photovoltaic products. Our
technologies help make innovations like smartphones, flat screen TVs and solar
panels more affordable and accessible to consumers and businesses around the
world. Learn more at www.appliedmaterials.com.
# # #
Applied Materials Contact:
Kevin Winston (editorial/media) 408.235.4498
Michael Sullivan (financial community) 408.986.7977
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Source: Applied Materials via Thomson Reuters ONE
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