Reuters logo
2 years ago
BRIEF-Roodmicrotec signs contract to engineer a new product for 9 million euros
September 1, 2015 / 6:17 AM / 2 years ago

BRIEF-Roodmicrotec signs contract to engineer a new product for 9 million euros

Sept 1 (Reuters) - Roodmicrotec N.V. :

* Signed contract with an OEM (Original Equipment Manufacturer) to engineer a new product (chip), for which Roodmicrotec will subsequently perform volume production test throughout life cycle of product

* Turnover volume over this life cycle will be approximately 9 million euros ($10.2 million)

* Subsequent volume production, mainly testing, will start in middle of 2016 and will increase over a number of years to approximately 1.2 million euros a year

* Engineering work for performance of order will be done in second half of 2015 and first half of 2016 Source text for Eikon: Further company coverage: ($1 = 0.8861 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below