In the Q3, Photronics Inc 's corporate clients experienced a reduction by -0.28 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 2.93 %. During the corresponding time, Photronics Inc recorded a revenue increase by 2.95 % year on year, sequentially revenue grew by 3 %. While revenue at the Photronics Inc 's corporate clients recorded rose by 5.43 % year on year, sequentially revenue grew by 8.04 %.
Customers of Photronics Inc saw their costs of revenue decrease by -0.28 % in Q3 compare to a year ago, sequentially costs of revenue grew by 2.93 %, for the same period Photronics Inc recorded revenue increase by 2.95 % year on year, sequentially revenue grew by 3 %.
Photronics Inc's Comment on Sales, Marketing and Customers
The company manufactures photomasks used as masters to transfer circuit patterns onto semiconductor wafers and flat panel display (FPD) substrates. Customers provide circuit designs confidentially, and photomasks are sold in sets of layers for imaging circuit patterns onto semiconductor wafers or FPD substrates. The company serves both high-end photomasks supporting 28 nanometer and smaller design nodes for integrated circuits (ICs) and advanced display technologies, including Generation 10.5+, AMOLED, and LTPS, as well as mainstream photomasks for 32 nanometer and larger geometries and Generation 8 and below display technologies, excluding AMOLED and LTPS. Customers undergo a qualification and correlation process before the company becomes an approved supplier, followed by negotiated pricing. Some sales arrangements include receiving a specified percentage of a customer's photomask orders contingent on maintaining competitive performance. The company supports increasing volumes of advanced-generation designs through ongoing investments in manufacturing processes and technology in customer regions. Orders often require delivery within 24 hours of receiving design data, with shipment times typically ranging from one day to three weeks.
Photronics Inc’s Comment on Sales, Marketing and Customers
The company manufactures photomasks used as masters to transfer circuit patterns onto semiconductor wafers and flat panel display (FPD) substrates. Customers provide circuit designs confidentially, and photomasks are sold in sets of layers for imaging circuit patterns onto semiconductor wafers or FPD substrates. The company serves both high-end photomasks supporting 28 nanometer and smaller design nodes for integrated circuits (ICs) and advanced display technologies, including Generation 10.5+, AMOLED, and LTPS, as well as mainstream photomasks for 32 nanometer and larger geometries and Generation 8 and below display technologies, excluding AMOLED and LTPS. Customers undergo a qualification and correlation process before the company becomes an approved supplier, followed by negotiated pricing. Some sales arrangements include receiving a specified percentage of a customer's photomask orders contingent on maintaining competitive performance. The company supports increasing volumes of advanced-generation designs through ongoing investments in manufacturing processes and technology in customer regions. Orders often require delivery within 24 hours of receiving design data, with shipment times typically ranging from one day to three weeks.
Sources:
Photronics Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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