Orbotech

Orbotech, a KLA company, is relocating its flat panel display development and manufacturing lines from San Jose, California to its plant in Yavne, Israel, increasing its Israel-based production capacity to about 90% of total manufacturing by end of 2021.

KLA Corp. completed its acquisition of Orbotech, an automated optical inspection equipment vendor, for approximately $3.4 billion in equity. The deal, announced in March 2018, closed on February 20, 2019 after receiving Chinese antitrust approval.

KLA-Tencor and Orbotech announced that China's SAMR provided antitrust clearance for their proposed merger. The merger is expected to close on February 20, 2019.

KLA-Tencor Corporation has agreed to acquire Orbotech Ltd. for approximately $3.4 billion in equity value, with a total consideration of about $69.02 per share, in a cash and stock deal.

SPTS Technologies, an Orbotech company, has received approximately $37 million in orders for multiple etch and deposition systems from two GaAs foundry customers. The systems will be used to manufacture RF devices for 4G and emerging 5G markets, with delivery expected in Q1 and Q2 2018.

SPTS Technologies, an Orbotech company, has won an order from Chengdu HiWafer Semiconductor for an Omega plasma etch system to establish a new 6-inch GaN on SiC production line. The system will be used to manufacture high power RF devices.

Orbotech received orders totaling $31 million from a leading Japanese electronics components manufacturer for Direct Imaging, Inkjet and Automated Optical Inspection solutions to expand multilayer flex component manufacturing lines for smartphones.

YUNGU (Gu'an) Technology Co., Ltd, supported by Visionox, has ordered a large number of Orbotech automated optical inspection systems for its new flexible OLED Gen 6 fab in Gu'an, Hebei, China. Delivery is expected at the beginning of 2018.

Orbotech announced that its end-to-end automated optical inspection (AOI) solutions have been selected by YUNGU (Gu'an) Technology Co., LTD for its new flexible OLED Gen 6 fab in Gu'an Hebei, China. The project is supported by Visionox, and delivery is expected at the beginning of 2018.

Orbotech announced a multi-million-dollar agreement to supply Unimicron Germany with direct imaging, automated optical inspection and automated optical shaping PCB production solutions for a new state-of-the-art facility being rebuilt after a fire.

Orbotech announced a multi-million-dollar agreement with Unimicron Germany GmbH to supply direct imaging, automated optical inspection and automated optical shaping PCB production solutions for a new state-of-the-art facility in Germany. The site is expected to be fully functional in the first half of 2018.

Orbotech Ltd. has received orders totaling approximately $40 million from CEC Panda LCD Technology Co., Ltd. for inspection, testing and repair solutions for phase one of CEC Panda's new Gen 8.6 fab in Chengdu, China. Deliveries are expected to begin in Q3 2017.

Orbotech won a $24 million order from Xianyang CaiHong Optoelectronics Technology (CHOT) of China to supply automated optical inspection, array testing and array repair systems for phase one of CHOT's Gen 8.6 fab in Xianyang.

Orbotech announced a $24 million order from Xianyang CaiHong Optoelectronics Technology (CHOT) for Automated Optical Inspection, Array Testing and Array Repair systems for phase I of CHOT's new Gen 8.6 fab in Xianyang, China.

Orbotech Ltd. announced that Tianma Micro-electronics Co. Ltd. selected Orbotech's ArrayChecker and AOI solutions for its production-line upgrade to flexible AMOLED technology at its Gen 6 fab in Wuhan, China. Tianma invested approximately $1.8 billion in the fab, which is expected to reach mass production in the second half of 2017.

SPTS Technologies, an Orbotech company, received an order for its Mosaic Plasma Dicing System from JCAP Corporation, a JCET company and Chinese advanced packaging services provider.