MKS Instruments Recognized by TSMC for Outstanding Production Support
ANDOVER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- MKS Instruments, Inc. (Nasdaq: MKSI), a global provider of technologies that transform our world, was recognized for outstanding production support by Taiwan Semiconductor Manufacturing Company (TSMC) at their Supply Chain Management Forum.
“We are honored to be recognized for our efforts over the past year and proud to see our valuable partnership with TSMC highlighted in this way,” said John T.C. Lee, President and Chief Executive Officer at MKS. “Our organizations share a common goal to drive innovation through our cutting-edge research and technology, which is only possible through close collaboration and mutual support. We look forward to strengthening our relationship with TSMC further by making meaningful contributions to their continued success.”
TSMC is the world's first dedicated semiconductor foundry. As the founder and a leader of the Dedicated IC Foundry segment, TSMC held its 2023 Supply Chain Management Forum on December 7, 2023 to acknowledge its partners for their support and outstanding contributions throughout the past year. MKS is a critical components/sub-systems provider and was recognized for their timely and high-quality professional services which contribute to TSMC’s supply chain stability.
About MKS Instruments
MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding MKS’ expected future business with TSMC. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements are manufacturing and sourcing risks, including those associated with limited and sole source suppliers and the impact and duration of supply chain disruptions, component shortages, and price increases; changes in global demand and the impact of COVID-19 or any other pandemic, including with respect to such supply chain disruptions, component shortages and price increases; risks associated with doing business internationally, including geopolitical conflicts, trade compliance, regulatory restrictions on our products, components or markets, particularly the semiconductor market, and unfavorable currency exchange and tax rate fluctuations, which risks become more significant as we grow our business internationally; conditions affecting the markets in which we operate, including fluctuations in capital spending in the semiconductor industry; disruptions or delays from third-party service providers upon which our operations may rely; the ability to anticipate and meet customer demand; and the other factors described in MKS’ Annual Report on Form 10-K for the year ended December 31, 2022 and any subsequent Quarterly Reports on Form 10-Q, as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release.
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