Laser Tek was reported to acquire a SMT equipment company

It’s reportedly that Taiwan's Laser Tek planed to acquire a small- to medium-sized company specializing in surface-mount-technology (SMT) equipment, in order to advance its semiconductor equipment portfolio.

Also, a leader of the company noted, Laser Tek mainly supplied SMD (surface-mount-device) packaging materials and semiconductor equipment including laser trimmers and other SMT inspection tools, and they were optimistic about growth in its equipment business, with extended order visibility through the end of the first half.

In the LED equipment segment, the company expected to enjoy growing demand from the segment in 2011, as LED backlights were gaining market acceptance.

The market estimated the company would get a 25-30% revenue drop sequentially for 4Q10 due to seasonality. However, revenues in the 1Q11 would likely see sequential growth.

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