The company will supply its Automatic Optical Inspection systems to an integrated device manufacturer during the second and third quarters.
Camtek Ltd. (Nasdaq: CAMT; TASE:CAMT) today announced a $3 million follow-on order for its inspection and metrology systems from what it called a leading integrated device manufacturer, specializing in both memory and logic devices. Camtek expects to fulfill the order for Automatic Optical Inspection (AOI) systems during the second and third quarters.
Camtek CEO Roy Porat said, "With today's strong market competition, electronics manufacturers are being challenged to meet market demand, while providing high quality, cutting-edge technology products. Camtek's expertise in yield enhancement supports these challenges by assuring the delivery of high quality products on time. The repeat order from this leading IDM demonstrates their confidence in our strong technological capabilities to support, as well as outpace, the industry roadmap."
Camtek's share price was unchanged in early trading on Nasdaq at $2.24, giving a market cap of $67 million, after rising 2.2% on the TASE to NIS 8.96.
Published by Globes [online], Israel business news - www.globes-online.com - on June 21, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012