Picogiga's record orders

• Publisher: Elsevier Science
• Year: 2000
• Tongue: English
• Weight: 135 KB
• Volume: 13
• Category: Article
• ISSN: 0961-1290
• DOI: 10.1016/s0961-1290(00)90285-0

✦ Synopsis

Picogiga's record orders

Epi-wafer foundry Picogiga (Courtaboeuf, France) has reported Q1/2000 sales of a record FRF282m (EUR4.3m, up 12% on 44199 and 173% on Q1/99, driven by demand for mobile phones, despite saturation of production lines), net profit of FRF4.5m (EUR0.7m, two thirds of the total for last year despite a 24% drop in selling prices), orders during January-February of FRF4lm (6.3m, equalling the last six months of '99, with each of the top three customers representing 20-25%) and backlog a record FRF55m ( 84m).

Production capacity is to be tripled by end-2000 by installation in March,