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LPKF LASER & ELECTRONICS AG

(LPK)
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LPKF: LIDE technology used in series production of glass wa-fers in the semiconductor industry

06/01/2021 | 03:23am EDT

DGAP-News: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Incoming Orders
LPKF: LIDE technology used in series production of glass wa-fers in the semiconductor industry

01.06.2021 / 09:21
The issuer is solely responsible for the content of this announcement.




LPKF: LIDE technology used in series production of glass wafers in the semiconductor industry
- One of world's leading chip manufacturer orders further systems
- LPKF sees signal effect for other industries

Garbsen, 1 June 2021 - The technology company LPKF has received a follow-up order from the semiconductor industry. A leading global chip manufacturer had installed a first LIDE system at the beginning of 2020 and, after a qualification phase, initially used it for its own product development. Now, the customer has ordered further LIDE systems to start volume production of electronic components with IC packages made of glass. The order has a volume of EUR 5 - 8 million and is essentially expected to generate revenue for LPKF in 2022.

LPKF's LIDE technology (Laser Induced Deep Etching) enables customers to process thin glass quickly, precisely and without any damage such as micro- cracks. This makes LIDE a basic technology for many microsystems technology applications, including the production of microchips, displays, sensors or MEMS.

Dr. Roman Ostholt, head of the Electronics Business Unit at LPKF, is pleased that the customer has achieved an important innovation goal in a short time by using LIDE technology. "Starting next year, our customer will be a big step ahead of its competitors with its new products," says Ostholt. At the same time, he is aware of the signaling effect that this order will have. "LIDE can now demonstrably meet the extremely high standards of the semiconductor industry. This also qualifies the technology for mass production in other relevant industries."

"We have reached an important milestone with this first, demanding application of our LIDE systems in serial production," says CFO Christian Witt. "We will continue to advance the implementation of the various LIDE applications as fast as possible to provide our customers with a competitive edge."

At its headquarters in Garbsen, LPKF operates its own LIDE production facility for glass components under cleanroom conditions. From here, the company supplies customers around the world with high-precision components made of glass for a wide range of applications.

For more information about LIDE technology, please visit:
https://www.lpkf.com/en/industries-technologies/thin-glass-precision-processing-lide

About LPKF
LPKF Laser & Electronics AG is a leading supplier of laser-based solutions for the technology industry. LPKF laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components. Founded in 1976, the company is headquartered in Garbsen near Hannover, Germany, and is active worldwide through subsidiaries and agencies. The shares of LPKF Laser & Electronics AG are listed in the SDAX and the TecDAX of the German Stock Exchange (ISIN 0006450000).

 

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


01.06.2021 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
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1202905

 
End of News DGAP News Service

1202905  01.06.2021 

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Last Close Price 21,30 €
Average target price 34,56 €
Spread / Average Target 62,3%
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Managers and Directors
Christian Witt Chief Financial Officer
Jean-Michel Richard Chairman-Supervisory Board
Dirk Michael Rothweiler Deputy Chairman-Supervisory Board
Ludger Overmeyer Member-Supervisory Board
Bettina Schńfer Manager-Investor Relations & Communication
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