ESI, TZI and LaserTek Partner to Deliver New Solution in the MLCC Testing Market

PORTLAND, Ore.--(BUSINESS WIRE)--Electro Scientific Industries, Inc. (NASDAQ:ESIO), an innovator in laser-based micromachining solutions, and Tian Zheng Precision Machinery (TZI), a leading equipment manufacturer with specialty production facilities in Eastern and Central China, announced a partnership to design and manufacture a new set of multi-layer ceramic capacitor (MLCC) testing solutions specifically designed to address the large-chip testing market. The new platform will offer a lower-cost solution to MLCC manufacturers processing 0402 (m1005) and larger MLCCs. The new testing solution, to be marketed under the ESI name, will incorporate ESI’s handling and contacting technology but will be built by TZI, drawing on their local design and manufacturing capabilities. It will be sold and serviced through LaserTek’s Chinese and Taiwanese distribution channels, while additional markets will leverage ESI’s distribution channel.