SCT Aehr quarterly revenue halves due to short-term SiC-related order push-outs following EV market slowdown
Posted: Wed Apr 10, 2024 11:25 am
For its fiscal third-quarter 2024 (to end-February), semiconductor production test and reliability qualification equipment supplier Aehr Test Systems of Fremont, CA, USA has reported revenue of $7.56m, more than halving from $17.2m a year ago and $21.4m last quarter. The drop reflects delays in wafer-level burn-in system orders for silicon carbide (SiC) devices used in electric vehicles that have created a short-term gap in revenue and profitability...
Source: https://www.semiconductor-today.com/new ... 0424.shtml
Source: https://www.semiconductor-today.com/new ... 0424.shtml