Magnetic Solutions today announced that it has accepted an order for an MRT2000 high field annealing oven for MRAM development and production. The order was placed by an international semiconductor company, that is a new entrant into the MRAM space.

The order was the result of a competitive evaluation between existing magnetic annealing tool manufacturers. The Magnetic Solutions MRT2000 was selected as the best technical solution for batch annealing of MRAM parts in production conditions and has a clear roadmap to 300mm production readiness.

'This order reaffirms MSL's position as the leading supplier of high field magnetic annealing tools to the MRAM space: we are very pleased to be part of the startup tool set for this new customer and look forward to supporting this project through to production,' said Dave Hurley, CEO of Magnetic Solutions.

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Magnetic Solutions, a privately held company based in Dublin, Ireland with offices in the USA, Korea, Japan and Taiwan, is a leading developer of process technology used in the manufacture of magneto-electronic devices such as MRAM, a non-volatile memory chip, GMR sensors used in data storage.