Core Wafer Systems (APII) Releases New Software, Has $3 Million in Upgrade Commitments for 2012
January 25 2012 - 7:30AM
Marketwired
Action Products International, Inc. (PINKSHEETS: APII) announced
yesterday that they released version 7.0 of PDQ-WLR, the on-wafer
accelerated reliability product designed specifically for Agilent
Technologies Parametric Testers (NYSE: A). Some of the many other
users of the Company's PDQ-WLR are Texas Instruments (NYSE: TXN)
and Taiwan Semiconductor Manufacturing (NYSE: TSM).
The Company has over 800 active licenses and has received over
$3 million in orders for 2012, and that number is expected to climb
300% into 2013. Action Products expects Core Wafer to generate more
than $14 million during 2012 (pro forma). The company attributes
the extraordinary growth to several advantageous factors, including
major upgrades like version 7.0, being rolled out to new and
existing customers. Core Wafer has developed strategies in response
to demands relating to advances in semiconductors, nanotechnology,
and magnetics industries.
According to Gartner Research, the top electronic equipment
manufacturers accounted for at least 35 percent of semiconductor
vendor revenue worldwide, or $105.6 billion -- an increase of $1.8
billion, or 1.8 percent from 2010. With an increase in
semiconductor sales, an increase in the need for testing and
reliability could follow.
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