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Mycronic receives order for five systems

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Mycronic AB has secured an order worth USD 52-60 million from a current customer in Asia for five systems, including three Prexision 8 Evo and one Prexision 8 Entry Evo. Deliveries are scheduled between Q2 2024 and Q1 2025. The Prexision 8 Entry Evo is the latest model, allowing customers to upgrade for producing advanced photomasks. This order highlights Mycronic's replacement program and continued demand for its innovative technology, with a noted second order for the Entry Evo model.

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  • Order value between USD 52-60 million indicates strong demand.
  • Successful launch of the Prexision 8 Entry Evo with a second order received.
  • Diverse order comprising different models enhances customer engagement.
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STOCKHOLM, Oct. 24, 2022 /PRNewswire/ -- Mycronic AB (publ) has received an order for five systems from an existing customer in Asia: three Prexision 8 Evo, one Prexision 8 Entry Evo and one Prexision MMS. The order value is in the range of USD 52-60 million. Delivery of one Prexision 8 Evo and the Prexision MMS is planned during the second quarter of 2024, followed by one Prexision 8 Evo during the third quarter of 2024, one Prexision 8 Entry Evo during the fourth quarter of 2024 and one Prexision 8 Evo during the first quarter of 2025.

The Prexision 8 Entry Evo is a new model in the Prexision Evo series of mask writers to write photomasks for displays up to mask size G8 with flexible configuration options, which allows the customer to gradually upgrade to a Prexision 8 Evo in order to produce more advanced photomasks. Prexision Lite 8 Evo is designed to meet the requirements for cost-efficient production of photomasks for displays up to mask size G8. Prexision MMS is a measurement system for quality assurance of photomasks.

"It is gratifying to receive an order of this magnitude as part of our replacement program, comprising both different mask writer models, as well as a measurement system. In addition, we have now received the second order for our newly launched model Prexision 8 Entry Evo", says Charlott Samuelsson, Sr VP Pattern Generators at Mycronic.

Mycronic provides mask writers for display manufacturing and production of semiconductors.

For additional information, please contact:
Charlott Samuelsson
Sr VP Pattern Generators
Tel: +46 70 984 42 82
E-mail: charlott.samuelsson@mycronic.com

Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19
E-mail: sven.chetkovich@mycronic.com

The information in this press release was published on October 24, 2022, at 08:00 a.m. CEST.

About Mycronic
Mycronic 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's headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom, United States and Vietnam. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com 

The following files are available for download:

https://mb.cision.com/Main/10432/3652845/1642037.pdf

Press release (PDF)

 

 

 

 

Cision View original content:https://www.prnewswire.com/news-releases/mycronic-receives-order-for-five-systems-301657018.html

SOURCE Mycronic AB

FAQ

What was the order value of Mycronic's recent press release on October 24, 2022?

The order value was between USD 52-60 million.

Which systems did Mycronic receive an order for?

Mycronic received an order for three Prexision 8 Evo, one Prexision 8 Entry Evo, and one Prexision MMS.

When is the delivery scheduled for Mycronic's new systems?

Delivery is scheduled between Q2 2024 and Q1 2025.

What is the significance of the Prexision 8 Entry Evo in Mycronic's product line?

The Prexision 8 Entry Evo serves as a new model that allows gradual upgrades to more advanced photomasks.

MYCRONIC AB

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