ACM Research Awarded Significant Orders Totaling $14.9 million
ACM Research Inc (NASDAQ:ACMR), a provider of single-wafer wet cleaning equipment used by manufacturers of advanced semiconductors announced the receipt of multiple orders for wafer cleaning tools. As quoted in the press release: The orders represent approximately $14.9 million in total revenue from existing customers based in China. The Company intends to ship all of …
ACM Research Inc (NASDAQ:ACMR), a provider of single-wafer wet cleaning equipment used by manufacturers of advanced semiconductors announced the receipt of multiple orders for wafer cleaning tools.
As quoted in the press release:
The orders represent approximately $14.9 million in total revenue from existing customers based in China. The Company intends to ship all of the ordered tools in the second half of 2018, and anticipates acceptance and revenue recognition in 2018.
ACM’s President and Chief Executive Officer Dr. David Wang commented, “We are excited about the market momentum for our wafer cleaning technology. These follow-on orders once again demonstrate our capability of providing our customers with proven solutions to meet their ongoing needs and enhance their product yields and performance.”
Dr. Wang continued, “With the volume of all the equipment orders we have received so far, we are on track to reach our revenue target of $65 million for the year. We remain committed to advancing toward our goal of becoming a global leader in our targeted segment of the semiconductor manufacturing equipment space.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1846.53 | +0.13 | |
Silver | 21.75 | +0.03 | |
Copper | 4.30 | +0.02 | |
Palladium | 1968.65 | +11.53 | |
Platinum | 957.67 | +3.19 | |
Oil | 110.35 | -1.86 | |
Heating Oil | 3.62 | -0.05 | |
Natural Gas | 8.06 | -0.25 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.