XP POWER LTD - Annual Results for the year ended 31 December 2020
PR Newswire
Annual Results for the year ended 31 December 2020
XP Power, one of the world s leading developers and manufacturers of critical power control solutions for the Industrial Technology, Healthcare and Semiconductor Manufacturing Equipment sectors, announces its annual results for the year ended 31 December 2020.
2020
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For details on adjusted measures refer to note 4 and note 5 of the consolidated financial statements.
Strong growth in order intake and revenue driven by the recovery in the Semiconductor Manufacturing Equipment sector and demand from our Healthcare customers as they increased supply of critical care devices for the treatment of COVID-19, offsetting weakness in Industrial Technology sector.
XP Power FY Pre-Tax Profit Rises finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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Global Semiconductor Manufacturing Equipment Market Outlook 2019-2020 & 2027 - ResearchAndMarkets.com
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Global Semiconductor Manufacturing Equipment market accounted for $56.12 billion in 2019 and is expected to reach $131.20 billion by 2027 growing at a CAGR of 11.2% during the forecast period.
Some of the key factors propelling the market growth include increasing investments in R&D facilities, growing demand for electric and hybrid vehicles, trend of miniaturization and technology migration, and high demand for chips to provide computation power and connectivity for AI applications. However, high purchase and maintenance costs are likely to restraining the market growth.
Semiconductor manufacturing is a difficult process that provides quality assertion of various semiconductor products. This equipment is used in order to safeguard assembling of semiconductor parts, testing of the entire device and wafer fab. It is an important component for car