Camtech reports receiving an $18 million order from a leading global manufacturer of complex semiconductors

by time news

CEO Rafi Amit: The order strengthens Camtech’s position as a leader in the complex semiconductor market

Camtech Company (NASDAQ and Tel Aviv Stock Exchange: CAMT), announced today that it received an order in the amount of 18 million dollars for several systems from a leading global manufacturer of compound semiconductors.

The order is for Camtech’s Eagle systems, which include the most advanced testing technologies designed and developed specifically for this market segment.

Rafi Amit, CEO of Camtech, said: “This is an excellent opening for 2023. The compound semiconductor market is expected to show strong growth in the coming years, which is expected to be based on the automotive industry and especially the electric vehicle industry, as well as other applications. This order is evidence of our strong competitive positioning and the company’s continued technological leadership in this market segment.”

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