Spectrum Materials Announces Series B Funding
Column:Company News Time:2020-05-12

May 12, 2020 (Fujian, China), Spectrum Materials Co., Ltd. ("Spectrum Materials") announced a new round of financing, which was led by Intel Capital. The funding will be used to develop new products, updgrade production lines, and expand overseas markets in Japan, South Korea, and the U.S.

 

Founded in 2009, Spectrum Materials is a leading global company in the ultra-high-purity specialty gases industry. It has played an important role in global electronic industries, including semiconductors, flat panel displays, LEDs, and solar cell businesses.

 

Spectrum Materials has one of the world’s largest germane (GeH4) production bases. Spectrum Materials provides critical specialty gases and materials solutions for advanced process node applications in leading fabs around the world. It is also one of the few domestic companies that directly serve global semiconductor fab customers.

 

Electronic specialty gases are considered the "blood" of the electronics industry, and it is critical in the semiconductor manufacturing process. Ultra-high purity electronic gases (germane, diborane, phosphine, arsine, boron trifluoride, etc.) are used in various important steps, such as epitaxy, diffusion, ion implantation, etching, etc. The quality of the electronic gases directly determines the integrated circuit product performance and yield.  The advancement of semiconductor process technology also puts forward higher standards for electronic specialty gases. Building upon its competitive advantages in production, purification, analysis, storage, and safety management, Spectrum Materials has been recognized in leading industry process nodes and advanced packaging.

 

Mr. Guofu Chen, the founder and CEO of Spectrum Materials, commented: “Spectrum Materials has been growing with the development of the advanced semiconductor industry. We are dedicated to developing innovative technology and talented teams for more than 10 years, building a world-class facility while deeply engaging with the electronics specialty gas industry.  We are delighted to have Intel Capital as our investor, which will not only provide capital resources but also manufacturing and subject matter domain expertiseto the company.  We will continuously improve our technology and product competitiveness, thus supporting the development of the semiconductor industry. "

 

Tianlin Wang, managing director and China country manager of Intel Capital, said: "As a leader in manufacturing and process technology, Intel continues to drive the innovation of semiconductor technology. By collaborating closely with our ecosystem partners, we are helping our customers advance their technology. Spectrum Materials has demonstrated its strong technical strength and development prospects, and we look forward to supporting Spectrum Materials as they reach a new level."

 

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About Spectrum Materials

Spectrum Materials Corporation Limited was established in Sep 2009. It has one of the world's largest germane production base in Quanzhou, Fujian, covering an area of about 80 acres. Headquartered in Qualzhou, Fujian, Spectrum Materials has branches in Hong Kong, Taiwan, Japan, and South Korean. Spectrum Materials’s ultra-high-purity specialty gases and material solutions are widely used in IC, LED, LCD, solar cells, and other electronics manufacturing industries. The company has achieved BV ISO9001, 14001, 45001, and QC080000 among other certifications. For more information, please visit www.spectrummat.com.

 

About Intel Capital

Intel Capital invests in innovative startups targeting artificial intelligence, autonomous

vehicles, datacenter and cloud, 5G, semiconductor, next-generation compute and a wide range of other disruptive technologies. Since 1991, Intel Capital has invested US$12.9 billion in more than 1,582 companies worldwide, and 692 portfolio companies have gone public or participated in a merger. Intel Capital curates thousands of business development introductions each year between its portfolio companies and the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com