Camtek Receives Approximately $7 Million Order for Multiple Inspection Systems from a Tier-1 RF Device Manufacturer
Systems will be used mainly for 5G applications; additional orders are expected
Migdal Haemek, Israel, Aug. 27, 2020 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that it has received an order for multiple systems from a tier-one RF device manufacturer totaling approximately $7 million. The customer selected Camtek's new and most advanced EagleT inspection system model. The tools are expected to be shipped and installed during the remainder of 2020. Camtek expects to receive additional orders from this customer for early 2021 delivery.
Rafi Amit, Chief Executive Officer, commented, "I am very pleased with this multiple tool order that was received following a very long evaluation. The systems will be used for 2D inspection of RF devices, and more specifically RF acoustic filters (BAW and SAW). The deployment of 5G networks globally is driving an increase in the number of RF devices and filters in smartphones and other mobile devices. 5G represents a significant business potential for Camtek as each 5G phone contains increased number of RF filters, Advanced Packaging and CMOS Image Sensors compared with previous generations."
Continued Mr. Amit: "This order highlights our strong position as a leading inspection provider in the semiconductors mid-end market."
About Camtek Ltd.
Camtek is a leading manufacturer of metrology and inspection equipment serving the Advanced Interconnect Packaging, Memory, CMOS Image Sensors, MEMS, RF and other segments of the semiconductor industry.
Camtek provides dedicated Inspection 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
Contacts:
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
Source Camtek Ltd
