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Amitec sets up subsidiary in China

Posted: 10 Feb 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Joel Bainerman? Prior-Tech? Amitec?

Prior-Tech Ltd and an unidentified Chinese company have agreed to establish a plant in Shanghai that will manufacture substrates designed by the Israeli company's Amitec Ltd subsidiary.

Amitec and the Chinese partner will evenly split ownership of the manufacturing venture, which is expected to come online in 2007. Investment in the plant is expected to total $11 million over three years.

Amitec has developed performance chip carriers and flip-chip ball-grid array substrates that support flip chips with more than 2,000 I/Os, pitches of less than 150 micrometers and speed requirements exceeding 40 GHz. The company says the substrates withstand assembly and operating temperatures of more than 2600C and provide superior flatness and power distribution.

Prior-Tech operates several wholly and majority-owned subsidiaries in the electronics packaging and related application-systems industries, including PCB Technologies Ltd ., an electronics manufacturing services firm that contracts primarily with U.S. and Israeli systems houses, and Camtek Ltd., a provider of pc board yield enhancement solutions. Camtek recently acquired Inspectech Ltd., an Israeli startup developer of wafer-level inspection and analysis systems for back-end semiconductor manufacturing .

Established in 1981 as PCB Ltd, Prior-Tech has been listed on the Tel-Aviv Stock Exchange since 1992. The company had revenue of more than $92 million in 2004 and employs more than 650.

- Joel Bainerman
EE Times

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