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centrotherm international AG published preliminary, unaudited figures for the 2023 financial year in an ad hoc announcement. Accordingly, the Management Board anticipates total operating performance of around EUR 195 million with consolidated revenue of over EUR 150 million, and consequently lower total operating performance than forecast (forecast: EUR 220 million to EUR 260 million).
In contrast, EBITDA is expected to reach the forecast of a positive EBITDA in the low double-digit million range at EUR 19 million. At around EUR 270 million, the Group’s incoming orders will also be within the forecast range of EUR 250 million to EUR 350 million. The order backlog as at December 31, 2023 is expected to total around EUR 540 million.
Based on these positive preliminary business figures for 2023, the Executive Board believes that its strategy has been confirmed overall and has therefore decided today to examine strategic financing options. These options are aimed at further strengthening the company’s financial power in order to accelerate its continued growth and further strengthen its market position.
To this end, investments, particularly in research & development, the expansion of the product portfolio and in the global service network and customer service, are to be significantly increased. The possible financing options to be examined by the Management Board include, in particular, taking on a new strategic investor, carrying out capital increases, raising debt capital and issuing hybrid financial instruments such as convertible bonds or bonds with warrants.
Jan von Schuckmann, CEO of centrotherm international AG: “We are convinced that the potential expansion of our financial leeway can provide a strong new impetus for centrotherm’s future development, and that we can raise our innovative strength and market position to a new level. The timing for this is ideal to set the strategic course for an even stronger centrotherm at an early stage. This is particularly important for the sustainable success of our company and its employees in light of the anticipated global market growth and competitive environment.”
In recent years, centrotherm has successfully established itself as a technology provider and supplier of production solutions to leading manufacturers in both the semiconductor and photovoltaic industries. The product portfolio was significantly expanded as part of the sustainable diversification strategy. As a consequence, centrotherm is now the market leader with its product portfolio for high-temperature processes for silicon carbide wafers.
Its customer base includes leading global manufacturers in the semiconductor industry. The high demand for sensors and microelectronic components that are used in renewable energies, e-mobility and artificial intelligence applications are key drivers of the positive business trend. centrotherm aims to consistently continue its growth, and to exploit the diverse opportunities arising from its core expertise in thermal production solutions to the best possible extent.
Original – centrotherm international
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Qorvo® announced that its QSPICE™ circuit simulation software was honored as the Design Tool and Development Software Product of the Year at the 2023 Elektra Awards. This year’s Elektra Award winners were named at a ceremony in London on November 29, 2023, to recognize outstanding achievements by the most innovative and talented individuals and companies in the electronics industry.
Jeff Strang, general manager for Qorvo’s Power Management business, said, “We are extremely gratified to be recognized at this year’s Elektra Awards. Qorvo’s QSPICE represents a breakthrough in power and analog circuit design and development by improving simulation speed, functionality and reliability. We believe this prestigious industry award will encourage designers everywhere to leverage this powerful tool for their most complex projects.”
Qorvo’s winning product, QSPICE, is a new generation of circuit simulation software that offers significantly better SPICE basics, supports vast amounts of digital logic without performance penalties and provides the speed and accuracy required for reliable power electronics simulation. Since its introduction in July 2023, QSPICE has been downloaded by more than 15,000 users. QSPICE is available free of charge and actively supported by Qorvo as well as a robust user community through Qorvo’s QSPICE forum at http://forum.qorvo.com/.
The Elektra Awards are decided by an independent panel of senior representatives from end-user organizations, consultants and key industry players selected by the editors of Electronics Weekly. Every judge signs a non-disclosure agreement and must declare any association or involvement with any of the entries. Their meetings are held in private, confidential environments and all scores are collated, verified and averaged to determine the winners.
Original – Qorvo
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Queensland Semiconductor Technology (Quest) announced opening of its new sales, marketing, assembly and test facility in Coolum Beach. Based very close to the Sunshine Coast airport Quest is now able to ship its power semiconductors to the Australia domestic market. With the airport located within 5 minutes international shipping is swift.
Queensland Semiconductor Technology Pty Ltd stands as a beacon in the semiconductor industry, having established its foundation in Queensland. Quest offers high voltage switching SiC SBD technology that is paramount for transformative applications like electric vehicles, wind farms, and solar power generation. Additionally, product portfolio expands to SiC Mosfets, IGBTs, TCIGBTs & super junction Gan technology plus.
Original – Queensland Semiconductor Technology
