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DGAP-News: LPKF Delivers Laser System to Semiconductor Industry Customer

DGAP-News: LPKF Delivers Laser System to Semiconductor Industry Customer

DGAP-News: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Miscellaneous
LPKF Delivers Laser System to Semiconductor Industry Customer

15.01.2020 / 10:37
The issuer is solely responsible for the content of this announcement.


Garbsen, 15 January 2020 - In December, technology company LPKF has, for the first time, delivered a highly automated version of its LIDE system for integration into a semiconductor fab to one of the world's leading semiconductor manufacturers. Following a qualification phase expected to last several months, the customer is planning to use this LIDE system to process glass wafers for microchip production.

"For us, this order represents an important milestone in establishing LPKF as a tool supplier for the semiconductor industry, and in particular for the volume production of semiconductor components made of thin glass", says CEO Goetz M. Bendele. "With our LIDE technology, we enable our customers to leverage the advantages of glass as a material, as well as the resulting competitive advantage."

LPKF's LIDE technology (Laser Induced Deep Etching) enables customers to process thin glass quickly, precisely and without any damage such as micro cracks. The original stability of the glass is fully retained, making LIDE a basic technology for many microsystems technology applications, includ-ing the production of microchips, displays, sensors, or MEMS.

In Garbsen, LPKF has recently begun construction of the LPKF Glass Found-ry, a clean room fabrication facility for in-house production of microstructure glass components. From here, the company will soon begin supplying high-precision glass components to customers in various industries across the world.

This expansion of the business model enables LPKF to supply customers with structured glass for a wide range of applications. With the combination of system sales - like this first order for a highly automated, integrated
semiconductor fab tool - and glass foundry services, we expect to maxim-ize the growth generated by LIDE with a diverse set of customers.

About LPKF
LPKF Laser & Electronics AG is a leading supplier of laser-based solutions for the technol-ogy industry. LPKF laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar modules and many other components. Founded in 1976, the company is headquartered in Garbsen near Hanover, Germany, and operates worldwide through subsidiaries and distributors. LPKF shares are traded in the Prime Standard segment of the German Stock Exchange (ISIN 0006450000).




Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations


15.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: LPKF Laser & Electronics Aktiengesellschaft
Osteriede 7
30827 Garbsen
Germany
Phone: +49 (0) 5131 7095-0
Fax: +49 (0) 5131 7095-95
E-mail: investorrelations@lpkf.com
Internet: www.lpkf.com
ISIN: DE0006450000
WKN: 645000
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 953819

 
End of News DGAP News Service

953819  15.01.2020 

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LPKF Laser & Electronics AG Stock

€15.30
-10.790%
Heavy losses for LPKF Laser & Electronics AG today as the stock fell by -€1.850 (-10.790%).
With 6 Buy predictions and not the single Sell prediction the community is currently very high on LPKF Laser & Electronics AG.
On the other hand, the target price of €11.00 is below the current price of €15.30 for LPKF Laser & Electronics AG, so the potential is actually -28.105%.
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