The Knowledge Base: The Era of Advanced Packaging
Standard of Excellence: Finding and Developing Future Leaders in Manufacturing
Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing
Mycronic Adjusts Outlook; Expects Better Full Year Sales in 2016
December 6, 2016 | MycronicEstimated reading time: 1 minute
Mycronic AB today adjusts the outlook upwards for full year sales in 2016 to the level of SEK 2,200 million, excluding effects from acquisitions.
The background for the upward adjustment is a combination of earlier delivery of a Prexision-80 mask writer, an order received in December 2015, the change in product mix within Mycronic’s both business areas as well as currency effects.
The current assessment for sales in 2016 has been at the level of SEK 1,900 million, excluding effects from acquisitions.
Mycronic’s mask writer Prexision-80 is an advanced system for cost-effective manufacturing of the most advanced photomasks for display applications. At the time of the order it was agreed with the customer that delivery would take place during first quarter of 2017 at the latest. A successful completion of the project and agreement with the customer has enabled delivery in December 2016.
About Mycronic AB
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, United Kingdom and the United States. For more information click here.
Share on:
Suggested Items
Mycronic Receives $6-8 Million SLX Mask Writer Order
12/26/2024 | MycronicMycronic AB has received an order for an SLX mask writer from an existing customer in Asia. The order value is in the range of $6 to $8 million. Delivery of the system is planned for the first quarter of 2026.
Kitron Secures $5 Million Defense Contract for U.S. Army
12/19/2024 | KitronThe order is for custom electronics for the U.S. Army and allied forces. Production will take place at Kitron’s U.S. facility in Windber, PA, and deliveries are expected to start in mid-2025. Kitron is a leading Scandinavian electronics manufacturing services company forthe Connectivity, Electrification, Industry, Medical devices and Defence/Aerospace sectors. The group is located in Norway, Sweden, Denmark,Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China and the United States.
INVISIO Secures SEK 115 Million Order for Intercom and Dismounted Soldier Systems
12/16/2024 | INVISIOINVISIO has received a significant order from an existing European customer for its Intercom and Dismounted Soldier systems. Deliveries are set to commence immediately and are expected to be completed by Q1 2025.
Saab Receives Order from Sweden for Sea Giraffe 1X Naval Radar
12/16/2024 | SaabSaab has received an order from the Swedish Defence Materiel Administration (FMV) for the Sea Giraffe 1X radar system to the Swedish navy. The order value is approximately SEK 340 million with deliveries 2024-2026.
Enterprise SSD Market Sees Strong 3Q24 Growth, Revenue Soars 28.6% on Surging Demand for High-Capacity Models
12/11/2024 | TrendForceTrendForce’s latest investigations found that the enterprise SSD market experienced significant growth in 3Q24, driven by robust demand from AI-related applications.