Intelligence to make better decisions faster
Intelligence to make better decisions faster

 

Besi Results and Outlook - 1 Q 2017

 

Highlights:

 

  • Revenue up  39.5% vs. 1Q16 driven by …
    • Favorable industry conditions
    • Higher die bonding shipments for smart phone applications
    • Increased demand by Chinese subcontractors for smart phone and mainstream electronics applications
  • Orders up 162.4% vs. Q4-16 due primarily to …
    • large die bonding capacity build by IDMs for next generation mobile devices
    • automotive
    • high-end cloud server applications
  • Gross margin rose to 55.7%, driven by …
    • Besi’s strong market position
    • increased material cost efficiencies
    • forex benefits
  • Net margins also increased significantly
    • Net cash increased
  • Besi guides for Q2-17 revenue growth of 40-50% vs. Q1-17

 

Strategy for growth:

  • Offer a leading edge portfolio of multi-module, epoxy and flip chip die bonding systems
    • That meet the most demanding specifications for
      • form factor, pitch, complexity, density, and throughput

 

Links to more information:

Investor Relations: BESI

Report File: VCR_BESIt_170426

 

The contents of this release are approved for use by media for news purposes identifying VLSIresearch as the source. No advertising or promotional use of this release by corporations can be used without VLSIresearch approval. All trademarks, service marks, and logos are the property of VLSI Research Inc or their respective owners.

 

About VLSIresearch

VLSIresearch is an award-winning provider of market research and economic analysis on the technical, business, and economic aspects within semiconductor, nanotechnology, and related industries. VLSIresearch provides intelligence for faster and better decision making in the areas of semiconductors, photovoltaics, LEDs, manufacturing, materials, and critical subsystems.  VLSIresearch was founded in 1976. Learn more at www.vlsiresearch.com.

 

Contact: Risto Puhakka| email: analyst @ vlsiresearch.com | ph:+1.408.453.8844

VLSIresearch | Ph: 408.453.8844 | 2290 North First Street Suite 202 San Jose, CA 95131

 

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