chanelink logo
CHANELINK
Ελληνικά

MKS Instruments announces full year 2024 financial report

492
2025-02-20 14:39:08
Δείτε τη μετάφραση

Recently, MKS Instruments released its Q4 and full year financial results for 2024. According to the report, MKS's revenue for the fourth quarter of 2024 reached $935 million, a year-on-year increase of 4.7%, with a GAAP net income of $90 million; In 2024, the annual revenue was nearly 3.6 billion US dollars, a year-on-year decrease of 0.9%. GAAP net revenue was 190 million US dollars, turning losses into profits year-on-year.

 


John Lee, CEO of MKS, emphasized in a speech at last month's SPIE Global Business Forum the enormous significance of the AI chip packaging market for MKS's photonics product portfolio. Referring to the company's revenue situation and market trends in the fourth quarter, it believes that MKS will enter 2025 with strong momentum, and the key is that its world-class optical solutions and chemical business play a crucial role in the advanced electronics field.

It is understood that MKS owns major photonics brands such as Newport, Ophir, and Spectra Physics. In 2024, the steady growth of MKS's "Semiconductor" and "Electronics and Packaging" sectors offset the decline of the "Specialty Industries" sector. The sales data of these three departments are related to various technologies. Optics and lasers are widely used in the subsystems of lithography and metrology tools, while laser drilling systems can generate thousands of through holes per second on circuit boards. Other products include power meters and infrared optical components for high-power industrial lasers, but MKS believes that this field is currently in a trend of bottoming out.

Despite lackluster sales performance over the past year, MKS was able to achieve a pre tax income of $180 million in 2024, a significant improvement from the previous year's loss of nearly $2 billion. Although the latter figure is mainly due to a write down of $1.9 billion in assets resulting from the acquisition of industrial chemical company Atotech. As of the December 2024 quarter, the company's pre tax income was $79 million, which is exactly the same as the pre tax loss for the same period last year.

The product launch of Central is part of a series of refinancing efforts, and MKS has used lower interest rates to prepay some of its debts. The company's latest income statement shows the positive impact of these decisions, with interest repayments for the December 2024 quarter of only $54 million, down from $90 million in the same period last year.

Looking ahead, MKS expects its sales to reach around 910 million US dollars in the first quarter of 2025, with a slight increase. Considering the recent import tariffs imposed by the United States, the impact on its business is expected to be minimal at present. Although cost management is the focus for 2024, MKS is still investing in new technologies.

Source: Yangtze River Delta Laser Alliance

Σχετικές προτάσεις

  • Laser engraving: Researchers have created a revolutionary technology

    Recently, a group of researchers from the University of Cambridge developed an innovative method of using high-energy lasers to improve 3D printing of metals. This discovery has the potential to change the way we design and manufacture complex metal objects.3D printing has completely changed the landscape of the manufacturing industry. However, it faces obstacles, especially in terms of the charac...

    2023-11-24
    Δείτε τη μετάφραση

  • Lidar: Entering the Golden Age of Fission Growth

    With the global transition of autonomous driving from L2 to L3+, in the battle between LiDAR and pure visual perception routes, LiDAR is redefining the industry landscape at an astonishing pace of technological evolution and quietly building a new industrial ecosystem in the era of intelligent travel. Before the end-to-end model of autonomous driving became mainstream, there were many discussion...

    03-21
    Δείτε τη μετάφραση

  • SILICON AUSTRIA LABS and EV GROUP Strengthen Cooperation in Optical Technology Research

    EV Group, a leading supplier of wafer bonding and lithography equipment for the MEMS, nanotechnology, and semiconductor markets, and Silicon Austria Labs, a leading electronic systems research center in Austria, announced that SAL has received and installed multiple EVG lithography and photoresist processing systems in its MicroFab at the R&D cleanroom facility in Filach, Austria.These devices...

    2023-11-15
    Δείτε τη μετάφραση

  • The Key Role of Laser Pointing Stability in the Application of Lithography Systems

    Lithography is one of the core processes in semiconductor manufacturing, and extreme ultraviolet lithography technology, as a new generation lithography technology, is also in a rapid development stage. The basic principle is to use photoresist (also known as photoresist) to form corrosion resistance due to photochemical reactions after being photosensitive, and to engrave the patterns on the mask...

    2024-07-02
    Δείτε τη μετάφραση

  • Nankai University makes progress in the field of free electron photon interactions

    Recently, a research team led by Professor Cai Wei and Professor Xu Jingjun from the School of Physical Sciences at Nankai University has experimentally confirmed for the first time the generation of polaritons, also known as Smith Purcell radiation, at the two-dimensional scale, and further demonstrated the ability of free electrons to regulate two-dimensional Smith Purcell radiation. The researc...

    02-11
    Δείτε τη μετάφραση