We are the leading supplier of ion implantation systems, which we refer to as tools, used in the fabrication of integrated circuits, which we refer to as microchips or chips. We design, manufacture, market and service semiconductor processing equipment for virtually all of the major semiconductor manufacturers worldwide. The VIISta™ ion implanter products are designed to leverage single wafer processing technology for the full range of semiconductor implant applications. We have shipped more than 1,200 VIISta systems and more than 4,100 systems overall worldwide. Our business is cyclical and depends upon semiconductor manufacturers’ expectations and resulting capacity investments for future integrated circuit demand. From 2005 to 2007, the total available market for ion implanters grew as memory manufacturers increased capacity to meet demand. During this time, we also realized significant market share gains through a superior product portfolio. In 2008, the semiconductor capital equipment industry entered a cyclical, supply-side driven downturn resulting from the significant capacity expansions of the previous three years. The downturn was exacerbated by a drop in demand due to a worsening worldwide macro-economic environment. In 2009, the total available market for the entire capital equipment industry decreased by 56% from the prior year, as reported by Gartner Dataquest. While we realized market share growth in 2009, it did not offset the substantial drop in demand during that period. In 2010, the total available market for the entire capital equipment industry is expected to increase by over 120% from the prior year, as reported by Gartner Dataquest.
Company profile
Ticker
VSEA
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
770501994
Latest filings (excl ownership)
15-12G
Securities registration termination
21 Nov 11
8-K
Completion of Acquisition or Disposition of Assets
17 Nov 11
25-NSE
Exchange delisting
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 11
Latest ownership filings
No filings