MIGDAL HAEMEK, Israel,
Nov. 13, 2020 /PRNewswire/ -- Camtek
Ltd. (NASDAQ: CAMT); (TASE: CAMT), today announced that in the last
ten days it received orders totaling over $20 million for the inspection and metrology of
Advanced Packaging, Compound Semiconductors, CMOS Image Sensors and
RF devices from several Semiconductors manufacturers.
The orders are expected to be delivered during the first half of
2021.
Rafi Amit, Chief Executive
Officer, commented, "We continue to gain business momentum in
the industry's fastest growing segments, including the Advanced
Packaging, Compound Semiconductors, CMOS Image Sensors and RF
devices (driven by 5G). These orders reinforce our outlook
for the first half of 2021 which we provided with our third quarter
results."
ABOUT CAMTEK LTD.
Camtek is a leading manufacturer of metrology and inspection
equipment and a provider of software solutions serving the Advanced
Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments
in the mid end of the semiconductor industry.
Camtek provides dedicated solutions and crucial
yield-enhancement data, enabling manufacturers to improve yield and
drive down their production costs.
With eight offices around the world, Camtek has best-in-class
sales and customer support organization, providing tailor-made
solutions in line with customers' requirements.
This press release is available at www.camtek.com
This press release contains projections or other
forward-looking statements regarding future events or the
future performance of the Company. These statements are only
predictions that represent our views only as of the date they are
made and may change as time passes. We do not assume any obligation
to update that information, except as required by law. These
forward-looking statements are subject to risks and uncertainties
that may cause actual events or results to differ materially from
those projected, including as a result of the effects of general
economic conditions; the effect of the COVID-19 crisis on the
global markets and on the markets in which we operate, including
the risk of a continued disruption to our and our customers',
providers', business partners and contractors' business as a result
of the outbreak and effects of the COVID-19 pandemic; the risks
relating to the concentration of a significant portion of Camtek's
expected business in certain countries, particularly China, from which we expect to generate
significant portion of our revenues for the coming few
quarters, but also Taiwan
and Korea, including the risks of deviations from our expectations
regarding timing and size of orders from customers in these
countries; changing industry and market trends; reduced demand for
our products; the timely development of our new products and their
adoption by the market; increased competition in the industry;
price reductions; as well as due to other risks identified in our
Annual Report on Form 20-F and other documents filed by the Company
with the SEC.
Although Camtek believes that the expectations reflected in
the forward-looking statements are reasonable, it cannot guarantee
that future results, levels of activity, performance and events and
circumstances reflected in the forward-looking statements,
including Camtek's outlook for the first half of 2021 and orders
expected to be delivered, will be achieved or will occur. Except as
required by law, Camtek undertakes no obligation to update publicly
any forward-looking statements for any reason after the date of
this press release, to conform these statements to actual results
or to changes in its expectations.
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
GK Investor Relations
Ehud Helft
Tel: (US) 1 646 688 3559
camtek@gkir.com
Camtek Ltd.
Tel: +972 (4) 604-8100
Fax: +972 (4) 644-0523
E-Mail: Info@camtek.com
Web site: http://www.camtek.com
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SOURCE Camtek Ltd