Surfect Holdings, Inc. is focused on designing and manufacturing automated single-cell electroplating tools for the semiconductor assembly industry. The Company utilizes the industry’s first programmable Plating Computer to fabricate high-performance, low-cost interconnects for the semiconductor manufacturing process.
The demand for increased miniaturization and advanced functionality in consumer electronic devices is growing. Devices such as the Blackberry and iPhone are incorporating advanced semiconductors in shrinking sizes. To meet this demand, electronics manufacturers are turning to flip chip packaging which allows them to improve performance and reduce size. However, flip chip technology requires precise electroplating deposition or the use of “bumping” technologies. Surfect Holdings’ patented technology enables electronics manufacturers to address the market’s demand for better performance, lower costs and smaller sizes.
SUFH’s technology offers significant cost savings since it requires fewer operators and technicians. Capacity increases may now be achieved by acquiring more plating computer tools in smaller capacity increments to monitor the process, eliminating the need for high-cost technicians to monitor every bath. In addition, SUFH’s technology offers other advantages which translate into better gross margins for technology customers,
The Analyst concluded the report stating, “Cutting edge technology, an experienced management team, significant research and marketing partnerships, and the Company’s successful initiation of product sales are all factors contributing to our decision to initiate coverage of these shares with a Speculative Buy rating and a $1.80 price target.
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