LIVERMODE, CA - In its annual Survey* of semiconductor probe card suppliers for 2013, leading market research firm, VLSIresearch, ranked FormFactor (NASDAQ: FORM) as the world's number one vendor.
FormFactor leads the market with the industry's most extensive portfolio of high-performance probe cards for memory and SoC (system-on-chip) applications. The company's revenue for 2013 was $232 million -- 18 percent higher than the nearest competitor, and more than double the revenue of the third highest ranking vendor.
According to the Survey, worldwide sales of semiconductor probe cards for 2013 was $1.2 billion. Steady growth is expected through 2018 when sales are expected to top $1.5 billion.
FormFactor's lead is especially strong in advanced probe cards. This sector accounts for 80 percent of the overall probe card market. FormFactor's revenue here was $217 million -- nearly 26 percent higher than its closest competitor. The company leads with a suite of 3D and 2D MEMS and vertical probe cards for the most advanced memory and SoC devices -- the engines of today's mobile-driven world.
"The worldwide FormFactor team is proud of our strong showing in VLSIresearch's survey," said FormFactor's CEO Tom St. Dennis. "As customers navigate formidable technology transitions, our advanced MEMS technology and essential test expertise helps lower test costs while enabling these technology transitions."
VLSIresearch President Risto Puhakka added, "FormFactor demonstrated the right momentum to claim the top spot in this year's survey. This year's leadership position is a tribute to sustained product development initiatives spanning IC requirements across the advanced probe card space."
