Axcelis Highlights Participation at KORUS Business Roundtable

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Axcelis Technologies (NASDAQ:ACLS), a leading ion implantation solutions provider for the semiconductor industry, participated in the KORUS Business Roundtable on August 25, 2025, in Washington D.C. The event featured U.S. Secretary of Commerce Howard W. Lutnick and South Korean President Lee Jae Myung, focusing on advancing collaboration, investment, and innovation between the two countries.

Axcelis President and CEO Russell Low emphasized the company's commitment to strengthening international partnerships and their role in delivering high-quality products efficiently. The company aims to build upon its existing relationships with Korean customers and partners amid increased semiconductor industry investments.

BEVERLY, Mass., Aug. 27, 2025 /PRNewswire/ -- Axcelis Technologies, Inc. ("Axcelis" or the "Company") (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, participated at the KORUS Business Roundtable on August 25, 2025, in Washington D.C., with the U.S. Secretary of Commerce Howard W. Lutnick and South Korean President Lee Jae Myung. The event brought together government and industry leaders to advance shared priorities around collaboration, investment and innovation.

"We are honored to have participated in the KORUS Business Roundtable and thank Secretary Lutnick and President Lee for hosting a meaningful discussion regarding the partnership between our countries," said Axcelis President and Chief Executive Officer Russell Low. "We recognize the important role that Axcelis' strong international partnerships play in enabling us to deliver high-quality products, faster, at scale and with greater resilience. With increased investments and innovation across the semiconductor industry, we look forward to building on our collaborative and long-standing relationship with our Korean customers and partners."

About Axcelis:
Axcelis (Nasdaq: ACLS), headquartered in Beverly, Mass., has been providing innovative, high-productivity solutions for the semiconductor industry for over 45 years. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation systems, one of the most critical and enabling steps in the IC manufacturing process. Learn more about Axcelis at www.axcelis.com.

Contacts:
Investor Relations Contact:
David Ryzhik
Senior Vice President, Investor Relations and Corporate Strategy
Telephone: (978) 787-2352
Email: David.Ryzhik@axcelis.com 

Press/Media Relations Contact: 
Maureen Hart
Senior Director, Corporate & Marketing Communications
Telephone: (978) 787-4266
Email: Maureen.Hart@axcelis.com

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SOURCE Axcelis Technologies, Inc.

FAQ

When did Axcelis (NASDAQ:ACLS) participate in the KORUS Business Roundtable?

Axcelis participated in the KORUS Business Roundtable on August 25, 2025 in Washington D.C.

Who were the key government officials present at the KORUS Business Roundtable with Axcelis?

The roundtable was attended by U.S. Secretary of Commerce Howard W. Lutnick and South Korean President Lee Jae Myung.

What is Axcelis Technologies' (ACLS) main business focus?

Axcelis is a leading supplier of enabling ion implantation solutions for the semiconductor industry.

What was the purpose of the KORUS Business Roundtable attended by Axcelis?

The roundtable aimed to advance shared priorities around collaboration, investment and innovation between the United States and South Korea.