MIGDAL HAEMEK, Israel, March 25,
2024 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT)
(TASE: CAMT), today announced that it has received a new order for
approximately $25 million from a
tier-1 HBM manufacturer, for the inspection and metrology of High
Bandwidth Memory (HBM). Most of the systems are expected to be
delivered in the second half of 2024.
HBM is a key component for high-performance computing (HPC)
applications and is expected to grow at a CAGR of 25% in the coming
years.
Rafi Amit, CEO of Camtek
commented, "I am pleased with this order that continues the
momentum of orders for HBM from the second half of 2023. Camtek
systems continue to be the tool of choice by major manufacturers
supporting the increased demand of HBM. This order improves our
visibility for the second half of 2024. We anticipate more orders
for HBM later this year, which is expected to be a record year for
Camtek."
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, Heterogenous
Integration, Memory and HBM, CMOS Image Sensors, Compound
Semiconductors, MEMS, and RF, serving numerous industry's leading
global IDMs, OSATs, and foundries.
With manufacturing facilities in Israel and Germany, and eight offices around the world,
Camtek provides state of the art 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 expectations
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
future contribution of HBM and Chiplet applications to the Company
business; 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 Securities and Exchange Commission. 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
|
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SOURCE Camtek Ltd.