News Article
Reorganisation
FSI International is in the process of evaluating various cost reductions,
including pursuing a strategic partner or partners for its microlithography
business. The company produces a 300mm resist processing system, the POLARIS
3500.
FSI International is in the process of evaluating various cost reductions,
including pursuing a strategic partner or partners for its microlithography
business. The company produces a 300mm resist processing system, the POLARIS
3500.
including pursuing a strategic partner or partners for its microlithography
business. The company produces a 300mm resist processing system, the POLARIS
3500.
Don Mitchell, chairman and CEO reports "significant progress during the last
few years to transform the POLARIS 3500 300mm resist processing system into
a high throughput, high performance product that enables higher scanner
efficiency and world class critical dimension control.
"However, with continued delays in the industry recovery, this business is
operating below breakeven and has negative cash flow. Therefore, we are
seeking a partner or partners that can assist us in realising the long-term
potential of this business."
