Ultratech develops, manufactures and markets photolithography, laser thermal processing, and inspection equipment for manufacturers of integrated circuits and nanotechnology components. Co. supplies step-and-repeat photolithography systems based on one-to-one (1X) imaging technology. Within the integrated circuit industry, Co. targets the market for packaging applications. Within the nanotechnology industry, Co.'s target markets include thin film head magnetic recording devices, laser diodes, high-brightness light emitting diodes, and atomic layer deposition. Co.'s laser thermal processing equipment is targeted at annealing applications within the semiconductor industry.
UTEK — Key Stats (updated Monday, March 3, 10:23 AM)
Tue, Mar 4, 3:45 PM, Zacks Investors Advised to Avoid Ultratech, Inc. - Analyst Blog Zacks Investment Research downgraded Ultratech, Inc. to a Zacks Rank 5 (Strong Sell) on Mar 1, 2014. Going by the Zacks model, the companies holding a Zacks Rank 5 have strong chances of performing worse than the broader market.
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