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The first approach ultimately resulted in SystemVerilog and extensions to VHDL while the second resulted in SystemC, all of which became Institute of Electrical and Electronics Engineers (IEEE) standards for the semiconductor industry.
Its most significant setback came in 1917, when Jan Czochralski introduced the Czochralski process, which has found numerous applications in the semiconductor industry, where a much higher quality of crystals is required than the Verneuil process can produce.
In 2009, Frost & Sullivan awarded the company the World Smart Card Technology Leadership of the Year Award, noting that the company is "one of the highest-volume and highest-value technology licensors in the semiconductor industry" and that "more than 4 billion security chips are produced under its licenses every year".
MEMC Electronic Materials, a United States manufacturer of silicon wafers for the semiconductor industry