Ultra Clean Holdings, Inc. develops and supplies critical subsystems for original equipment manufacturers (OEMs) primarily in the semiconductor capital equipment industry. The company develops, designs, prototypes, engineers, manufactures, and tests systems and subsystems, which are highly specialized and integral to its customers products. The company has shipped a majority of its products to the U.S. registered customers with locations both in the U.S. and outside the U.S. In addition to U.S. manufacturing, it manufactures products in its Asian facilities to support local and U.S. based customers. The company conducts its operating activities primarily through its wholly owned subsidiaries, Ultra Clean Technology Systems and Service, Inc.; AIT LLC; Ultra Clean Technology (Shanghai) Co., Ltd.; Ultra Clean Micro-Electronics Equipment (Shanghai) Co., Ltd.; and Ultra Clean Asia Pacific, Pte Ltd. (Singapore). The company’s products include precision robotic solutions, gas delivery systems, various industrial products; and subsystems that includes chemical mechanical planarization modules, chemical delivery modules, top-plate assemblies, frame assemblies and process modules. Precision Robotics: Precision robotic systems are used when controlled motion is required. Some of the systems that employ precision robotic systems are robotic surgery, industrial equipment, and wire bonding systems. Robotic Surgery Products: Robotic surgery is the process of performing a minimally invasive operation on a patient with the help of robotic equipment operated by a physician. This procedure is intended to minimize traumas on the body, scarring and recovery time. Gas Delivery Systems: A typical gas delivery system consists of one or more gas lines, comprised of small diameter internally polished stainless steel tubing, filters, mass flow controllers, regulators, pressure transducers and valves, and an integrated electronic and/or pneumatic control system. These systems are mounted on a pallet and are typically enclosed in a sheet metal encasing. The company’s gas delivery system designs are developed in collaboration with its customers and are customized to meet the needs of specific processing requirement for the OEMs. The company’s customers either specify the particular brands of components they want incorporated into a particular system or rely on its design expertise and component characterization capabilities to help them select the appropriate components for their particular system. Chemical Delivery Modules: Chemical delivery modules deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber. The module may include gas delivery systems in combination with liquid and vapor delivery systems. Top-Plate Assemblies: Top-plate assemblies form the top portion of the reaction chamber within which gases controlled by the company’s gas delivery systems react to form thin films or etch films on the wafer. Top plate assemblies can include various subsystems, such as RF generators, matching networks, and mechanical components in addition to gas distribution. Frame Assemblies: Frame assemblies are support structures fabricated from steel tubing or folded sheet metal and form the backbone to which all other assemblies are attached. The complexity of the frames includes pneumatic harnesses and cables that connect other critical subsystems together. Process Modules: Process modules refer to the larger subsystems of semiconductor manufacturing tools that process integrated circuits onto wafers. Process modules include various smaller subsystems such as the frame assembly, top-plate assembly and gas and chemical delivery modules, as well as the chamber and electronic, pneumatic and mechanical subsystems. Other High Level Assemblies: Other high level assemblies refer to large subsystems used in semiconductor manufacturing, research, flat panel, energy and medical equipment industries. Strategy The company’s strategy consists of various key elements, including continuing to expand its market share with semiconductor capital equipment OEMs; continuing to expand its market share in other addressed industries; leveraging its expanding geographic presence in lower cost manufacturing regions; and continuing to selectively pursue strategic acquisitions. Customers The company sells its products to customers in the semiconductor capital equipment, flat panel, medical, energy and research industries. The company’s major customers in fiscal year 2013 were Applied Materials, Inc., Lam Research Corporation and ASM International, each of which accounted for approximately 10% of its total sales in fiscal year 2013. Sales and Support The company sells its products through its direct sales force which, as of December 27, 2013, consisted of a total of approximately 84 sales directors, account managers, and sales support staff. Intellectual Property As of December 27, 2013, the company had one issued U.S. patent, which expires in 2018. Competition The company’s principal competitor for its gas delivery systems is Ichor Systems, Inc.; and its principal competitors for other critical subsystems are Flextronics International Ltd.; Fox Semicon Integrated Technology Inc.; and Celestica. History Ultra Clean Holdings, Inc. was founded in 1991.
ultra clean holdings inc
(UCTT:Consolidated Issue Listed on NASDAQ Global Select )
26462 Corporate Avenue
Hayward, CA 94545
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