Order momentum increases expectations for a stronger second
half of 2023
MIGDAL HAEMEK, Israel, July 13,
2023 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT)
(TASE: CAMT), today announced that it has recently received orders
for 42 systems from several tier-1 semiconductor manufacturers. A
significant portion of the orders are for the manufacture of
chiplet modules and High Bandwidth Memory (HBM) for heterogeneous
integration. The systems are expected to be delivered during the
second half of 2023.
Chiplet modules have emerged as critical components in enhancing
computing power. Applications include artificial intelligence (AI),
data center processing and gaming. The integration of chiplets with
several HBM modules results in processing units (CPU/GPU) with
superior performance.
These new orders underscore Camtek's strong position as a
preferred supplier of inspection and metrology systems in the
rapidly expanding market of heterogenous integration.
"We are excited to have secured these significant orders from
top-tier semiconductor manufacturers which increase our
expectations for a stronger second half of 2023" commented Mr.
Rafi Amit, Camtek's CEO. "We
expect that the trend of growing demand for increased computing
power supporting AI and data centers will continue, and will lead
to increasing capacity of chiplet modules and HBM for heterogeneous
integration. Given the trend, we anticipate receiving further
orders for similar applications in the near future."
For more information about Camtek Ltd. and its advanced
inspection and metrology solutions, please visit
www.camtek.com.
ABOUT CAMTEK LTD.
Camtek is a developer and manufacturer of high-end inspection
and metrology equipment for the semiconductor industry. Camtek's
systems inspect IC and measure IC features on wafers throughout the
production process of semiconductor devices, covering the front and
mid-end and up to the beginning of assembly (Post Dicing). Camtek's
systems inspect wafers for the most demanding semiconductor market
segments, including Advanced Interconnect Packaging, Memory, CMOS
Image Sensors, MEMS, and RF, serving numerous industry's leading
global IDMs, OSATs, and foundries.
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 statements that may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on Camtek's current beliefs, expectations and
assumptions about its business and industry, all of which may
change. Forward-looking statements can be identified by the
use of words including "believe," "anticipate," "should," "intend,"
"plan," "will," "may," "expect," "estimate," "project,"
"positioned," "strategy," and similar expressions that are intended
to identify forward-looking statements, including our expected
revenue for the second quarter of 2023 and full year 2023 and
statements relating to the compound semiconductors market and our
position in this market and the anticipated timing of delivery of
the systems. These forward-looking statements involve known and
unknown risks and uncertainties that may cause the actual results,
performance or achievements of Camtek to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Factors that may cause
our actual results to differ materially from those contained in the
forward-looking statements include, but are not limited to, the
impact of any new or revised export and/or import and
doing-business regulations or sanctions, such as changes in U.S.
trade policies; the risks relating to the concentration of a
significant portion of our business in certain countries in the
Asia Pacific Region, particularly China (which is our largest territory),
Taiwan and Korea; the impact of
the war in Ukraine, rising
inflation, rising interest rates, volatile exchange rates and
commodities' prices, and continuing or new effects as a result of
the COVID-19 pandemic; our dependency upon the semiconductor
industry and the risk that unfavorable economic conditions or low
capital expenditures may negatively impact our operating results;
anticipated trends and impacts related to industry component and
substrate shortages and other supply chain challenges; the future
purchase, use, and availability of components supplied by third
parties; impurities and other disruptions to our customers'
operations, which could lower production yields or interrupt
manufacturing, and could result in the cancellation or delay of
purchases of our products; and those other factors discussed in our
Annual Report on Form 20-F and other documents filed by the Company
with the SEC as well as other documents that may be subsequently
filed by Camtek from time to time with the SEC. We caution you not
to place undue reliance on forward-looking statements, which speak
only as of the date hereof. Camtek does not assume any obligation
to update any forward-looking statements in order to reflect events
or circumstances that may arise after the date of this release
unless required by law.
While we believe that we have a reasonable basis for each
forward-looking statement contained in this press release, we
caution you that these statements are based on a combination of
facts and factors currently known by us and our projections of the
future, about which we cannot be certain. In addition, any
forward-looking statements represent Camtek's views only as of the
date of this press release and should not be relied upon as
representing its views as of any subsequent date. Camtek does not
assume any obligation to update any forward-looking statements
unless required by law.
CAMTEK LTD.
Moshe Eisenberg, CFO
Tel: +972 4 604 8308
Mobile: +972 54 900 7100
moshee@camtek.com
INTERNATIONAL INVESTOR RELATIONS
EK Global Investor Relations
Ehud Helft
Tel: (US) 1 212 378 8040
camtek@ekgir.com
Logo -
https://mma.prnewswire.com/media/1534463/Camtek_logo.jpg
View original
content:https://www.prnewswire.com/news-releases/camtek-receives-orders-for-42-systems-from-tier-1-manufacturers-for-heterogeneous-integration-hbm-and-fan-out-applications-301876527.html
SOURCE Camtek Ltd