Camtek Receives Orders Of Over $20 Million For Advanced Packaging And Compound Semiconductors Applications

MIGDAL HAEMEK, Israel, April 1, 2021 - Camtek Ltd. (NASDAQ: CAMT) (TASE: CAMT), today announced that in recent weeks it received orders for inspection and metrology systems totaling over $20 million from several customers who manufacture products in the field of advanced packaging and compound semiconductors. Compound semiconductors support the growing demand for several applications such as power and lidar in automotive, and face recognition in mobile.

The systems are expected to be delivered during the second and third quarters of 2021.

Rafi Amit, Chief Executive Officer, commented, "We continue to see strong momentum in our business and these new orders make us increasingly confident in our expectations for 2021, all of which, point to another record year for Camtek."