FormFactor to Focus on Test Cost Reduction with Elpida
July 9, 2007
LIVERMORE, Calif. – July 9, 2007 – FormFactor, Inc. (Nasdaq: FORM) today announced that Elpida Memory, one of the world’s leading DRAM manufacturers, has agreed to a strategic relationship with FormFactor to help Elpida achieve annual reductions in its cost of test. Elpida will collaborate with FormFactor to create a customized test solution roadmap that tackles a range of opportunities to reduce test costs and increase return on investment (ROI).
The collaboration incorporates a new approach to testing—one that looks beyond probe cards as an isolated element in the test process and instead takes a holistic view that examines the entire test function and its place in the manufacturing process. Working closely from chip design to fabrication, and from wafer test to final test, Elpida can leverage FormFactor’s advanced probing capabilities to optimize their entire test flow, improve throughput, optimize test resources, accelerate yield learning and reduce product cost.
With semiconductor manufacturing becoming more challenging, test is playing an increasingly strategic role in ensuring the highest yield and quality for advanced ICs.
“Our customers are under increasing pressure to reduce their cost of test and product costs, shorten their time to market, and cope with the growing complexity of testing requirements for their advanced products,” stated Igor Khandros, chief executive officer of FormFactor. “The current approach of ‘spot-market’ engagement used by wafer test suppliers is not structured to help their customers effectively meet these challenges. FormFactor is redefining the supplier- customer relationship with a collaborative approach designed to continuously reduce their test costs year over year. We’re pleased to have the opportunity to work with Elpida under this new framework and help them to achieve even greater reductions in their cost of test as well as longer-term business objectives.”
Statements in this press release that are not strictly historical in nature are forward-looking statements within the meaning of the federal securities laws, including statements regarding the performance of our products. These forward-looking statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward- looking statement due to various factors, including, but not limited to, the company’s ability: to work with customers to help optimize their entire test flow, improve throughput, optimize test resources, accelerate yield learning and reduce product cost, whether customers adopt the company’s collaborative approach to test which is designed to continuously reduce customers’ test costs year over year, and the company’s ability to develop and deliver innovative technologies for its customers. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in the company’s Form 10-K for the fiscal year ended December 30, 2006 and the company’s subsequent 10-Q and 8-K filings, which the company files with the Securities and Exchange Commission (“SEC”). Copies of the company’s SEC filings are available at http://investors.formfactor.com/edgar.cfm. The company assumes no obligation to update the information in this press release, to revise any forward-looking statements or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements.