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Isonics completes first phase 300mm wafer qualification |
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Mar 07, 2006 at 06:23 PM |
 Isonics Corporation has stated that it has successfully completed the first phase of qualification for the supply of 300mm wafers to its first two chip manufacturing customers during the past quarter. The second phase approvals are on going with Isonics believing revenues could start in subsequent quarters.
The company also stated that it expects quarterly revenue growth of 45 percent or more, which is also due to the change in product mix such as SOI wafers.
"These results demonstrate that the strong momentum generated during the first half of our fiscal year has continued," said James E. Alexander, CEO of Isonics. "While this business unit is not currently profitable and is experiencing negative cash flow, we believe that significant demand for large scale 300mm silicon wafers and related services in the U.S will drive further improvement in operating results through continued revenue growth and product mix transition. "
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