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Myanmar News Wire

Advanced Energy Receives Supplier Excellence Award from China Semiconductor Customer NAURA Technology Group Co. Ltd.

FORT COLLINS, Colo., June 14, 2017 (GLOBE NEWSWIRE) — Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, announced today that the company was recognized as an elite semiconductor manufacturing supplier with an excellence award from NAURA Technology Group Co., Ltd. (Naura).

A large wafer processing equipment provider to the semiconductor industry, Naura named several outstanding suppliers at its inaugural supplier conference devoted to semiconductor industry trends and collaborative innovation, held May 26 in Beijing. More than 200 supplier partners were in attendance where Advanced Energy received top honors with the “Excellent Partner” award, the highest award class at the event.

“Advanced Energy’s partnerships have always been foundational to our success, and it’s an honor to be recognized as a trusted partner to Naura in the development of RF power supplies and matching networks for advanced etch, CVD, PECVD systems and more,” said Yuval Wasserman, Advanced Energy president and CEO. “This award is a testament to our technology leadership as well as our technical collaboration and rapid response to customer needs, particularly in China where growth and investment in technology is soaring.”

“We want to thank Advanced Energy for its long-term support to Naura with distinguished process power technology and reliable technical and service response,” said Zhao Jinrong, president and CEO of Naura. “Naura’s fast growth requires more close partnerships with classic suppliers like AE. Moving forward, we expect further collaboration between Naura and Advanced Energy to realize a win-win strategy in the semiconductor industry.”

Advanced Energy precision power technologies have been designed into the leading semiconductor and nanotechnology systems around the world for more than 36 years. Advanced Energy has a global network of sales, service and manufacturing facilities throughout North America, Europe, and Asia, including facilities in Beijing, Shanghai, Shenzhen and Xi’an, to support its semiconductor and industrial customers.

About Advanced Energy

Advanced Energy (Nasdaq:AEIS) is a global leader in innovative power and control technologies for high-growth, precision power solutions for thin films processes and industrial applications. Advanced Energy is headquartered in Fort Collins, Colorado, with dedicated support and service locations around the world. For more information, go to www.advanced-energy.com.

About NAURA Technology Group Co., Ltd.

NAURA Technology Group Co., Ltd. is a leading enterprise of integrated circuit high-end technological equipment in China. It was formed through a strategic restructuring between Beijing Sevenstar Electronics Co., Ltd. and Beijing North Microelectronics Co., Ltd. For more information, visit www.naura.com.

CONTACT:
Christina Liebman
Director, Corporate Marketing 
Advanced Energy Industries, Inc.
+1.970.407.6444
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