RoodMicrotec to Double Sales with Altec Electronic AG by 2018
(Thomson Reuters ONE) -
RoodMicrotec N.V., the Dutch semiconductor supplier of advanced microchips, is
expected to double its sales turnover with Zurich-based electronics distribution
company Altec Electronic AG to EUR 1.2 million by 2018, after signing a sales
channel agreement for the distribution of its services in the Swiss market.
The new contract has originated from RoodMicrotec's successful support in the
last years for Altec's mainly industrial end-user customers. The two firms have
seen their business relationship grow steadily in the past four years,
especially between 2015 and 2016, when sales turnover in Test and Assembly for
ASICs (Application Specific Integrated Circuit) doubled to EUR 600,000. ASICs
are chips that are fully customised to handle one specific application
exclusively designed for one customer.
RoodMicrotec COO Reinhard Pusch said: "We are very positive about our fast-
growing relationship with Altec. Their expertise and high profile customer base
has allowed us to expand our activities in Switzerland and we expect further
growth through this successful cooperation over the next years".
RoodMicrotec has been a test house for Altec since 2006 and became one of two
exclusive suppliers in 2012, when the company consolidated the focus of its
activities. In 2015 RoodMicrotec became exclusive supplier for ASIC Test and
Assembly; in 2015/16 Altec generated 20 new projects for RoodMicrotec's Test and
Assembly business.
Reinhard Pusch concluded: "The growth in Test and Assembly activities is very
promising and RoodMicrotec expects to continue to expand this business in the
Swiss market. We believe our relationship with Altec will generate new
opportunities across our business units, including turnover in the area of
Qualification and Failure Analysis".
ENDS
About RoodMicrotec
With more than 45 years' experience as an independent value-added service
provider in the area of micro and optoelectronics, RoodMicrotec offers Fabless
Companies, OEMs and other companies a one-stop shop proposition. With its
powerful solutions RoodMicrotec has built up a strong position in Europe.
Our services comply with the industrial and quality requirements of the high
reliability/space, automotive, telecommunications, medical, industrial and
electronics sectors.
Certified by RoodMicrotec concerns inter alia certification of products to the
stringent ISO/TS 16949 standard that applies to suppliers to the automotive
industry. The company also has an accredited laboratory for test activities and
qualification to the ISO/IEC 17025 standard.
Its value-added services include (eXtended) supply chain management and total
manufacturing solutions with partners, failure & technology analysis,
qualification & burn-in, test & product engineering, production test (including
device programming and end-of-line service), ESD/ESDFOS assessment & training
and quality & reliability consulting.
RoodMicrotec has branches in Germany (Dresden, Nördlingen, Stuttgart), United
Kingdom (Bath) and the Netherlands (Zwolle).
For more information visit http://www.roodmicrotec.com
Further information
Martin Sallenhag CEO; Reinhard Pusch COO; Vic Tee chairman of the Supervisory
Board; Philip Nijenhuis member of Supervisory Board; Douwe de Boer interim CFO.
Telephone: +31 38 4215216
Postal address:
RoodMicrotec N.V., PO Box 1042, 8001 BA Zwolle
Email: investor-relations(at)roodmicrotec.com Web: www.roodmicrotec.com
This press release is published in English and Dutch (and German). In case of
conflict between these versions the English version shall prevail.
RoodMicrotec-Altec_English:
http://hugin.info/130789/R/2038711/759801.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RoodMicrotec N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 31.08.2016 - 18:30 Uhr
Sprache: Deutsch
News-ID 492067
Anzahl Zeichen: 4564
contact information:
Town:
Zwolle
Kategorie:
Business News
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