This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Brooks Automation's CEO Presents At Citi Technology Conference (Transcript)

Let me spend a moment now talking about the key drivers in the core businesses for the company, that is the semiconductor and adjacent space. Every time there is semiconductor content, semiconductor front end we participated in the ways that we always have for Brooks for automation and for vacuum capability.

When we look at the adjacent spaces, the form factor actually has a very big impact for us. So we have the semiconductor content whether it's on a laptop or a PC or a tablet, but when we talk about the mobility aspect of this, when we talk about the display, we have applications related to vacuum for the coating of the display, when the accelerometer keeps the image upright. We have MEMS devices that we participate in. For the lighting of the screens, we have LED applications and so when we look at the semiconductor content, we are participants just like we used to be.

But when we talk about the mobility capability here, it adds significant amount of growth opportunity for the company and in particular when we talk about the things that we do with robotics and with cryogenics, everyone of the adjacent spaces gives us additional opportunities.

So when we look at a $1.5 billion [same], when we look at the growth opportunities that exist over the next three years, that will be incremental approximately $300 million of opportunities associated with the adjacent spaces.

We also see that there is a longer-term opportunity that exists in the move to wafer shift from 300 millimeters diameter to 450 millimeter as this is a pretty abrupt discontinuity in terms of the automation, in terms of the requirements of the systems of the robotics and of the cryogenics, it will require new products in every area and at the EUV lithography, although it’s difficult for us to say exactly what the incremental opportunities will be, we know that from a cleanliness standpoint that it might provide the opportunity for an increase in vacuum requirements.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,168.00 -111.74 -0.65%
S&P 500 1,993.86 -16.54 -0.82%
NASDAQ 4,518.6570 -61.1320 -1.33%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs