MIGDAL HAEMEK, Israel, Feb. 24, 2016 /PRNewswire/ -- Camtek Ltd. (NASDAQ: CAMT; TASE: CAMT), today announced that a leading OSAT (Outsourced Semiconductor Assembly and Test) placed multiple orders for inspection and metrology systems. These orders will be delivered and installed during the first and second quarters of 2016.
The equipment will be used for the inspection and metrology of Wafer Level Packaging Fan-Out (WLFO) applications for the advanced packaging market. WLFO technologies provide unique and innovative extensions into advanced packaging, by providing increased input/output densities within a reduced footprint. This provides substantially improved working efficiencies and lowers chip costs.
Ramy Langer, Vice President and Head of Camtek's Semiconductor Division, commented, "I am pleased our market-leading systems were again chosen for these fan-out applications. Camtek has unparalleled special inspection capabilities which are supporting the emerging WLFO technologies."
Continued Mr. Langer: "While 2015 was a great year for us, as these new orders demonstrate, in 2016 we are continuing to gain further market share as we support our customers' growth in the advanced packaging market."
ABOUT CAMTEK LTD.
Camtek Ltd. provides automated and technologically advanced solutions dedicated to enhancing production processes, increasing products yield and reliability, enabling and supporting customer's latest technologies in the Semiconductors, Printed Circuit Boards (PCB) and IC Substrates industries.
Camtek addresses the specific needs of these interconnected industries with dedicated solutions based on a wide and advanced platform of technologies including intelligent imaging, image processing and functional 3D inkjet printing.
This press release is available at www.camtek.com
This press release may contain projections or other forward-looking statements regarding future events or the future performance of the Company. These statements are only predictions and may change as time passes. We do not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of 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, intellectual property litigation, price reductions as well as due to risks identified in the documents filed by the Company with the SEC.
SOURCE Camtek Ltd.