Online information source for semiconductor professionals
Edwards to close manufacturing operations in UK
Popular articles
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011
â??Velocityâ?? the new buzzword in Intelâ??s PQS annual awards - 12 April 2012
Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008
TSMC honors suppliers at annual Supply Chain Management Forum - 03 December 2008
According to the Financial Times, and quoting CEO, Nigel Hunton, vacuum pump specialist Edwards is to shift its hi-technology manufacturing to a plant in South Korea and its chemical and pharmaceutical technologies to the Czech Republic. However, R&D will continue at its plant in Shoreham, UK. According to the report, 220 jobs will be lost in the UK due to the transfer of production.
Hunton said to the FT that the shift in semiconductor manufacturing to Asia and the need to be closer to customers was behind the move, rather than simply cost cutting. Edwards is owned by private equity firms, CCMP Capital Advisors and Unitas.