SOURCE: Boston Semi Equipment, LLC

Boston Semi Equipment, LLC

November 10, 2011 08:00 ET

BSE Group Establishes Boston Semi K.K.

BURLINGTON, MA and TOKYO--(Marketwire - Nov 10, 2011) - Boston Semi Equipment LLC (BSE Group) today announced it has established Boston Semi K.K. in order to bring flexible financing to the Japanese semiconductor equipment market. The subsidiary is led by Bryan J Banish who will serve as Representative Director in addition to his role as COO of BSE Group. Masao Higuchi serves as the Sales Manager for the company.

Boston Semi K.K., a wholly owned subsidiary of the BSE Group, was established earlier this year in Tokyo. The entity allows for all lines of BSE Group businesses to be conducted in Japan but will focus primarily on providing flexible financing to the semiconductor capital equipment market in Japan. Through partnerships with Japanese financial institutions Boston Semi K.K. will provide operating leases to semiconductor companies in both front-end fabrication tools as well as back-end equipment used for test and assembly. "This has been a year of profound change in the Japanese manufacturing sector and the establishment of Boston Semi K.K. demonstrates that we are as committed as ever to doing business locally in Japan. Companies are moving away from buying capacity based upon the anticipated need for it. They want the flexibility to match capacity with today's demand. Traditionally the equipment financing model in Japan did not allow for equipment to be returned, making room for newer technology," commented Bryan Banish. "Boston Semi K.K.'s partnerships with customers, financial institutions and equipment manufacturers will enable our customers to better manage their capacity requirements."

Boston Semi K.K. provides equipment valuation, flexible lease options, and the opportunities for customers to buy equipment from and sell to the secondary market. "Operating locally is really the one viable option for companies with a long term view in Japan," continued Banish. "Boston Semi K.K. allows us to continue to develop partnerships with Japanese financial institutions and equipment manufacturers to benefit our customers in Japan and throughout Asia."

Boston Semi K.K. is located in Tokyo and on the web (www.bostonsemicon.co.jp).

BSE Group
Boston Semi Equipment LLC (BSE Group) is a holding company for a portfolio of companies providing affordable equipment and service solutions to semiconductor manufacturers. Together, BSE Group and its subsidiaries partner with customers and equipment suppliers to lower cost of ownership while optimizing flexibility and operating leverage. The company simplifies the equipment acquisition process by offering a broad range of financing solutions to its customers to facilitate the lease, rental, and purchase of new and used equipment. Learn more at www.bsegroup.com.

Contact Information

  • Company Contact
    Colin Scholefield
    BSE Group
    Email Contact
    Tel: +1 781 273 0090

    Company Contact
    Yuko Morizono
    Boston Semi K.K.
    Email Contact
    Tel: +81-3-3549-7107

    Media Contact
    Amy Smith
    Impress Public Relations
    Email Contact
    Tel: +1 401 369 9266