Mycronic receives double mask writer order from China

Täby, 18 September, 2017 - Mycronic AB (publ), has received order for two mask writers from Chengdu NewWay Photomask Making Co., Ltd., located in Chengdu City in Sichuan in China. The company is a joint venture between Shenzhen NewWay Photomask Making Co., Ltd., an established mask shop since 1997, and two local government investment companies.

The order includes one mask writer from the Prexision series for display applications and one mask writer from the FPS series for multi-purpose applications. The systems are scheduled to be delivered during the second half of 2018.

Mycronic offers mask writers for the manufacturing of photomasks within different fields of application. These areas are display manufacturing (for TV, smart phones and tablets among other things) and applications within the multi-purpose market, a broad segment comprising many different application areas, such as electronic packaging, MEMS, touch panels and other similar applications.

The customer has placed an order for a Prexision-10 mask writer, limited to G8 photomasks, which can later be upgraded to a full scale Prexision-10 production unit. The FPS mask writer is customized according to customer requirements.

The total order value of this combination deal is in the range of USD 32-36 million.   

”With the FPS mask writer, our customer gets the capability to manufacture a wide range of photomasks. The advanced mask writer Prexision-10 offers them great opportunities in new advanced application areas, in line with Chinese investments in high end display manufacturing, and confirms that these investments include domestic display photomask production. The P-10 enables manufacturing of G6/G8 photomasks, and later after an upgrade, also G10 photomasks for TV applications, ” says Magnus Råberg, Sr VP & General Manager Pattern Generators at Mycronic AB.

Contacts at Mycronic:
Magnus Råberg                                                              
Sr VP & General Manager PG                                           
Tel: +46 8 638 52 00
magnus.raberg@mycronic.com                                        

Torbjörn Wingårdh
CFO
Tel: +46 8 638 52 00
torbjorn.wingardh@mycronic.com
 

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, Taiwan, United Kingdom and the United States. For more information see our web site at: www.mycronic.com 

Mycronic AB (publ) is listed on NASDAQ Stockholm, Mid Cap: MYCR.  

The information was submitted for publication on 18 September, 2017.

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