Wednesday, May 29, 2013

FormFactor, Inc. (FORM) Recognized as Leading Worldwide Supplier of Advanced Semiconductor Probe Cards

FormFactor, the premier supplier of advanced probe cards to the memory market, was recognized at the top advanced semiconductor probe card supplier for both memory and non-memory markets by leading research firm, VLSIresearch. This announcement comes on the heels of FormFactor’s merger with MicroProbe, the principal advanced probe card vendor in the SoC market, last year.

Combined, FormFactor and Microprobe boast $262 million in revenue, making them the largest probe card player in the semiconductor industry. In just the advanced probe card sector, combined revenue reached $252 million, a total that was over 50 percent higher than the nearest competitor. This performance gap is even more pronounced for MEMS probe cards where combined revenue was double the nearest competitor at over $216 million.

According to the VLSIresearch survey, “The Probe Card Market – 2012 Survey Results & Forecast Update,” worldwide sales of semiconductor probe cards for 2012 was $1.2 billion. Advanced probe cards accounted for 76 percent of the total market. Within this sector, advanced non-memory probe card sales grew by 14 percent — outpacing all other sectors. The VLSIresearch survey projects the semiconductor probe card industry as a whole will see sustained growth through 2017 when sales are expected to top $1.7 billion.

“FormFactor’s strong showing in this year’s survey is attributed to the company’s progress in DRAM device test, as well as a steady migration by customers to new SoC packaging applications like flip-chip and copper pillars,” said CEO Tom St. Dennis. “Complex applications — essential enablers of consumer mobile products — depend on advanced probe cards that can meet rigorous test requirements while simultaneously lowering overall test costs. We’re pleased to lead this sector by providing exceptional technology solutions to our customers, and we’re proud to rank highly in this respected survey.”

VLSIresearch President Risto Puhakka said, “2012 was a good year for FormFactor. Together with MicroProbe they’ve got the technology and products to address IC requirements across the entire advanced probe card space. Furthermore, they’re moving fast with combined R&D initiatives to master challenging applications with robust solutions. The merger created a formidable new probe card company with strong competitive advantages.”

For further information, visit www.formfactor.com

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