Cabot Microelectronics Corporation Receives Outstanding Performance Supplier Award From Inotera, a Wholly-Owned Subsidiary of...
08 December 2016 - 7:57AM
Cabot Microelectronics Corporation (Nasdaq: CCMP), the world’s
leading supplier of chemical mechanical planarization (CMP)
polishing slurries and a growing CMP pad supplier to the
semiconductor industry, announced today that it is one of only four
consumables suppliers that have earned an Outstanding Performance
Supplier Award from Inotera Memories, Inc., a wholly-owned
subsidiary of Micron Technology, Inc. For the second consecutive
year, Cabot Microelectronics was recognized for demonstrating
outstanding performance in quality, technical service, safety, cost
and logistics, for the period July 2015 through June 2016.
“Inotera, recently acquired by Micron, is a strategic memory
customer and we are honored to have earned its prestigious
Outstanding Performance Supplier Award,” said David Li, President
and CEO of Cabot Microelectronics. “We believe this repeated
recognition is evidence of our ongoing commitment to being a
long-term partner offering a broad portfolio of best-in-class CMP
solutions, while successfully delivering to the highest standards
for quality, performance and technology. We look forward to
building upon our strong relationship with this leading memory
player in the future.”
A celebration to honor supplier award winners was held in Taiwan
on October 19, 2016.
ABOUT CABOT MICROELECTRONICS CORPORATIONCabot
Microelectronics Corporation, headquartered in Aurora, Illinois, is
the world's leading supplier of CMP polishing slurries and a
growing CMP pad supplier to the semiconductor industry. The
company’s products play a critical role in the production of
advanced semiconductor devices, helping to enable the manufacture
of smaller, faster and more complex devices by its customers. The
company's mission is to create value by developing reliable and
innovative solutions, through close customer collaboration, that
solve today's challenges and help enable tomorrow's technology. The
company has approximately 1,125 employees on a global basis. For
more information about Cabot Microelectronics Corporation, visit
www.cabotcmp.com or contact Trisha Tuntland, Director of
Investor Relations at 630-499-2600.
SAFE HARBOR STATEMENTThis news release may
include statements that constitute “forward looking statements”
within the meaning of federal securities regulations. These
forward-looking statements include statements related to: future
sales and operating results; growth or contraction, and trends in
the industry and markets in which the company participates; the
company’s management; various economic factors and international
events; regulatory or legislative activity; product performance;
the generation, protection and acquisition of intellectual
property, and litigation related to such intellectual property; new
product introductions; development of new products, technologies
and markets; the company’s supply chain; natural disasters; the
acquisition of, investment in, or collaboration with other
entities; uses and investment of the company’s cash balance,
including dividends and share repurchases, which may be suspended,
terminated or modified at any time for any reason, based on a
variety of factors; financing facilities and related debt, payment
of principal and interest, and compliance with covenants and other
terms; the company’s capital structure; the company’s current or
future tax rate; and the operation of facilities by Cabot
Microelectronics Corporation. These forward-looking statements
involve a number of risks, uncertainties, and other factors,
including those described from time to time in Cabot
Microelectronics’ filings with the SEC, that could cause actual
results to differ materially from those described by these
forward-looking statements. In particular, see "Risk Factors" in
the company’s annual report on Form 10-K for the fiscal year ended
September 30, 2016, filed with the SEC. Cabot Microelectronics
assumes no obligation to update this forward-looking
information.
For more information about Cabot Microelectronics Corporation,
visit www.cabotcmp.com or contact Trisha Tuntland,
Director of Investor Relations at 630-499-2600
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