BE Semiconductor predicts rise in first-quarter revenues
 

Expects chipmakers to boost investments

BE Semiconductor has been consulting its Tarot cards and predicts rise in first-quarter revenues as leading chipmakers' plans to boost investments.

Semiconductor groups are rushing to ramp up their production capacity to meet the global demand for chips used in products ranging from cars to computers and smartphones.

BESI, which designs and manufactures semiconductor equipment, sees revenue growth of around 15 per cent in the January-March period compared with the final quarter of 2021.

The firm, whose customers include chipmakers like Infineon, STMicroelectronics and Micron posted revenue of 171.7 million euros in the fourth quarter. While this was down 17.6 per cent rom the quarter ended September it was in line with its guidance.

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