MIGDAL HAEMEK, Israel,
Oct. 1, 2020 /PRNewswire/ -- Camtek
Ltd. (NASDAQ: CAMT) (TASE: CAMT), announced today that it received
orders amounting to $15 million for
systems serving front-end macro inspection applications from two
large manufacturers.
These orders for Camtek's latest Eagle model are expected to be
installed during the fourth quarter of 2020 and the first quarter
of 2021.
Rafi Amit, Chief Executive
Officer, commented, "These high-volume orders demonstrate a
continuous and growing demand for Camtek's equipment for the
front-end macro inspection application.
I am pleased to note that our strong 2D detection capabilities
combined with high productivity and breakthrough technologies have
enabled us to significantly increase our presence in the front-end
segment. Looking ahead, and in line with our strategy, I believe
there is a huge potential and very interesting business
opportunities for our systems in this 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
This press release contains projections or other
forward-looking statements regarding future events or the future
performance of the Company. These statements are only predictions
that represent our views only as of the date they are made and may
change as time passes. We do not assume any obligation to update
that information, except as required by law. These forward-looking
statements are subject to risks and uncertainties that may cause
actual events or results to differ materially from those projected,
including as a result of the effects of general economic
conditions; the effect of the COVID-19 crisis on the global markets
and on the markets in which we operate, including the risk of a
continued disruption to our and our customers', providers',
business partners and contractors' business as a result of the
outbreak and effects of the COVID-19 pandemic; the risks relating
to the concentration of a significant portion of Camtek's expected
business in certain countries, particularly China, from which we expect to generate
significant portion of our revenues for the second half of 2020,
but also Taiwan and Korea,
including the risks of deviations from our expectations regarding
timing and size of orders from customers in these countries;
changing industry and market trends; reduced demand for our
products; the timely development of our new products and their
adoption by the market; increased competition in the industry;
price reductions; as well as due to other risks identified in our
Annual Report on Form 20-F and other documents filed by the Company
with the SEC.
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
|
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SOURCE Camtek Ltd.