Product category:
ATE Systems
News Release from: Advantest (Europe)
Edited by the Electronicstalk Editorial
Team on 12 July 2001
Advantest reports sales up a third
Advantest Europe closed its fiscal year 2000 on the 31st March 2001 with healthy results, and is confident about the future despite the industry slump.
Advantest Europe closed its fiscal year 2000 on the 31st March 2001 with healthy results, and is confident about the future despite the industry slump In the past financial year Advantest Europe succeeded in increasing its sales volume of test equipment by approximately 33% from around 124 million Euro up toaround 164 million Euro
This article was originally published on Electronicstalk on 11 May 2001 at 8.00am (UK)
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The start of a new cooling-off period in the semiconductor industry at the end of the past financial year has however had its affects on the company.
Advantest Europe complied with the demands of its customers to prolong delivery terms, and on 31st March 2001 the backlog was equivalent to approximately 26 million Euro.
Sales and profit derived from the Advantest/Rhode and Schwarz Measuring Instruments alliance have reached record highs.
The reorganisation of the European Advantest group, which took place at the beginning of the financial year 2000 proved to be worthwhile.
The operational subsidiaries are well prepared to meet the new market business and technical challenges.
Semiconductor manufacturers are not expected to make significant investments in new production capacities for another 2-3 quarters.
Advantest Europe aims to master this situation with increased cost management and control while taking advantage of the period to integrate and train engineers in Europe.
This, it says, will ensure future business by expanding high-quality service and support offered combined with local hardware and software engineering for the technical solutions needed for the future.
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