Press Releases20 Dec 2021
BE Semiconductor Industries N.V. Announces Temporary Disruption at Shah Alam, Malaysia Production Facility. Q4-21 Order Update
Besi believes that delays resulting from this weather event could cause its anticipated revenue for the fourth quarter of 2021 to decline by approximately 15-20% versus Q3-21 as compared to prior guidance of a decrease of 5-15%. The impact of the flooding will have minimal effect on Besi’s planned ramping of hybrid bonding system production scheduled for the first half of 2022.
First estimates of one-time costs associated with materials and labor necessary to repair or reproduce any systems affected are in the range of € 4-6 million and will be taken as a charge to fourth quarter 2021 earnings. Estimated costs to repair the affected building and production related equipment are not expected to exceed € 2 million.
In addition, Besi also announced that its orders for the fourth quarter of 2021 will approximate € 180-€ 190 million versus the € 157.3 million recorded in the fourth quarter of 2020. Current order strength reflects favorable demand trends for its advanced packaging portfolio in its traditionally weakest quarter of the year.
To read the full version of our press release, please download the PDF file.