AT&S Austria Technologie & Systemtechnik AG

Earnings Release • Jan 21, 2013

publication: 21.01.2013 23:50 source: http://adhoc.pressetext.com/news/1358808600157 keywords: strategic management decision / update / statement

Adhoc announcement according to article 48d section 1 BörseG

AT&S Austria Technologie & Systemtechnik AG: AT&S sets course to enter new technology segment

Leoben (pta037/21.01.2013/23:50) - AT&S will add IC-Substrates to its existing product portfolio.

AT&S will build up the necessary technical know-how and will invest up to EUR 350 million in the next three years. Revenues are expected for calendar year 2016 onwards.

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S) is European market leader and one of the world's leading producers of high-end printed circuit boards. AT&S is now taking the next logical step by expanding its portfolio with the production of Integrated Circuit (IC) Substrates and entering into a further high-tech business segment. IC-Substrates serve as a connection between semiconductors and printed circuit boards.

AT&S' Management Board have decided on this strategic extension of the Group's core business activities, recognising the trend that is bringing requirements for semiconductors and printed circuit boards ever closer together and converging production technologies. The global market potential for IC-Substrate Package market is currently close to USD 8.6 billion, and the projection for 2016 is around USD 11.8 billion (source: Prismark). AT&S expects sales in this segment from the calendar year 2016 onwards.

The production of IC-Substrates will be in China. AT&S will build up the necessary know-how with support by a leading semiconductor manufacturer and will enter the market in close cooperation. The production facility is currently under construction in Chongqing, China, which will be dedicated to this business. From today's perspective AT&S foresees investments of around EUR 350 million, which excludes start-up costs.

With this move AT&S further consolidates its position as one of the leading providers of high-tech interconnection solutions in electronics.

AT&S Austria Technologie & Systemtechnik AG Fabriksgasse 13 8700 Leoben Austria
Mag. Martin Theyer
+43 3842 2005909
m.theyer@ats.net
www.ats.net
AT0000969985 (share)
official trade in Vienna

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