Initial deliveries are scheduled to commence in FY2024, with subsequent deliveries anticipated in the following years.
"We are thrilled to have our advanced thermal control solutions selected as the Plan-of-Record by a major player in the semiconductor industry," says Chandran Nair, CEO of AEM. "This recognition underscores our relentless commitment to innovation and customer-centricity. We look forward to partnering with our customers to address their evolving test needs and contribute to the success of their new device roadmap."
As at 9.40am, shares in AEM are trading 6 cents higher or 2.62% up at $2.35.