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Varian Semiconductor Equipment Associates Inc

 
Hoover's Profile: Varian Semiconductor Equipment Associates, Inc.
(NASDAQ (GS):VSEA)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Varian Semiconductor Equipment Associates, Inc.
35 Dory Rd.
Gloucester, MA 01930
MA Tel. 978-282-2000
Toll Free 800-447-1762
Fax 978-283-5391

Type: Public
On the web: http://www.vsea.com
Employees: 1,545
Employee growth: (9.2%)

Varian Semiconductor Equipment Associates (VSEA) is the ion king. The company is the world's top manufacturer of ion implantation systems, which beam ions into semiconductor wafers to alter their conductivity in certain areas. VSEA has a common equipment platform, the VIISta single-wafer system, which it configures into specific models for different applications, for high-current, medium-current, and high-energy doses of ions. The company also offers consumables, product upgrades, services, spare parts, and support. Customers outside North America account for about 80% of VSEA's sales; customers in South Korea and Taiwan contribute half of revenues.

Key numbers for fiscal year ending September, 2008:
Sales: $834.1M
One year growth: (20.9%)
Net income: $98.4M
Income growth: (30.8%)

Officers:
Chairman: Richard A. (Dick) Aurelio
CEO and Director: Gary E. Dickerson
EVP, CFO, and Treasurer: Robert J. (Bob) Halliday

Competitors:
Axcelis Technologies
Nissin Electric
Sumitomo Heavy Industries

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