Skip to main content

FormFactor Ranked as #1 Supplier of Semiconductor Probe Cards

Written by Customer Service on . Posted in Public Companies.

LIVERMORE, Calif., April 27, 2021 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ: FORM), a leading test and measurement supplier, was again ranked as the world’s number one supplier of semiconductor probe cards by market research firm VLSIresearch, after growing 18% in 2020. FormFactor has held the top position for eight consecutive years.

FormFactor’s probe card revenues are primarily comprised of advanced wafer probe cards, a segment, which according to VLSIresearch, accounts for more than 85% of the overall probe card market. Key to the company’s success in 2020 was 40% revenue growth year-over-year in advanced probe cards used to test non-memory ICs. This growth was driven by Foundry and Logic customers as they ramped production of chipsets for 5G handsets, and accelerated adoption of advanced packaging techniques such as heterogenous integration of chiplets. VLSI forecasts the market for advanced probe cards will grow at >7% CAGR from 2020-2025 to reach $2.7 billion.

“Advanced probe card revenues continue to grow as IC manufacturers introduce increasingly sophisticated chip designs,” said Risto Puhakka, president of VLSIresearch. “Chief among the factors driving FormFactor’s growth are advanced packaging technologies and the ramp of 5G devices, which continue to deliver chip scaling and performance enhancements. Advanced probe cards are essential to test these complex ICs.”

“We are very grateful to our customers, suppliers and employees that made the past year extraordinarily successful in a very difficult environment,” said FormFactor CEO Mike Slessor. “Our customers continue to push the envelope for device performance, requiring FormFactor to keep pace with their challenging test requirements. We’re continuing to invest in innovation and capacity that make it possible for our customers to bring their new products to market faster and accelerate their profitability.”

About FormFactor
FormFactor, Inc. (NASDAQ: FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from metrology and inspection, characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.

About VLSIresearch
VLSIresearch is an award-winning provider of market research and economic analysis on the technical, business, and economic aspects within semiconductor, nanotechnology, and related industries. VLSIresearch provides intelligence for faster and better decision making in the areas of semiconductors, photovoltaics, LEDs, manufacturing, materials, and critical subsystems. VLSIresearch was founded in 1976.

Trade Contact
David Viera
Corporate Communications
(925) 290-4182
david.viera@formfactor.com

Investor Contact
Stan Finkelstein
Investor Relations
(925) 290-4321
ir@formfactor.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.