I got this in an email this morning:
ear Investor,
Over the past decade, America has grown increasingly desensitized to the notion of manufacturing jobs shifting to the Asia-Pacific region. The country has seen its share of the global manufacturing industry drop from 25% to 20% since 2000. Despite a positive boost from a weak dollar and astronomical energy prices, the sector continues to suffer stateside. Europe’s global share is also decreasing while Asia’s continues to blossom.
Nowhere is the trend towards increased Asian manufacturing investment more pronounced than in the semiconductor space. That is exactly why Legacy Holding Inc. (OTCPK: LGYH) is applying for a Chinese patent for their proprietary Organostrip ™ technology. The technology was originally developed for a leading semiconductor equipment manufacturer and is proven to help alleviate a number of pain points currently plaguing the industry (cleaning output time, final output quality, etc.).
Chinese Semiconductor Industry Primed for Significant Expansion
ImageThe Semiconductor Industry Association (SIA) expects China’s domestic semiconductor market to grow by 25% from 2000 to 2010 while the global market expands at an annual rate between 8% and 10%. In addition, Intel Corp (INTC NASDAQ), one of the world’s largest semiconductor manufacturers, recently stated plans to build their first-ever wafer facility in Dalian, China.
The $2.5B facility would bring the company’s 22 year investment total in the country, which it has publicly identified as its fastest growing market, to approximately $4 billion. With a population exceeding 1.3 billion as of July 2007 and a middle class expected to reach 200 million people by 2010, China benefits greatly from thriving domestic and export markets. So, clearly the country is the place to be for semiconductor-related entities. Particularly those run by a CEO possessing nearly 30 years of industry experience with time spent as a process engineer at Texas Instruments (TXN NYSE) and Intel Corp. itself.
Need some more reasons to begin your due diligence process on Legacy Holdings?
ImageHere are a few compelling nuggets of information that should get you excited:
1. The company has already established business relationships with Tyco, Micrel Systems and Silicon Genesis, the largest semiconductor equipment manufacturer and the largest solder bump deposition manufacturer worldwide;
2. LGYH recently announced plans to register as a reporting company under the Securities Exchange Act of 1934, and apply for listing of its common stock on the Over-the-Counter Bulletin Board (OTCBB). Management expects to be up-listed by mid-May 2008;
3. Legacy Holding is the only semiconductor equipment company to ever receive the prestigious U.S. EPA Green Chemistry Award;
4. The company’s strategic vision is to become the leading U.S. wet process supplier by 2011;
5. LGYH employs a strong and diverse business model that leverages three different vehicles for delivering the technology to the market (Manufacturing, Licensing, Services); and
6. They provide a suite of proprietary technologies and products that bring a significant value-proposition to multiple industries (i.e., Semiconductors, Solar Cells, Flat Panel Display’s, and Light Emitting Diodes).
As the company pushes forward with plans to mass commercialize its innovative suite of proprietary products and technologies and offer it to a larger selection of leading Tier-one semiconductor players, securing patents in the Wild Wild East is a critical step in ensuring success.
Thank you for being a loyal Outcast subscriber. We will continue to provide you valuable services.
Sincerely,
--The Team at Outcast Communications
