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    Orbotech Ltd. Acquired Significant Bids Valued at $40 Million (NASDAQ: ORBK)

    January 25 Jan 2013 | 10:57
     

    crwenews

    orbk Orbotech Ltd. (NASDAQ/GSM: ORBK)

    ORBK (“Orbotech”) previously has won significant bids for flat panel display (“FPD”)-related equipment, totaling approximately $40 million in value, from one of the largest liquid crystal display panel manufacturers in China. Most of this equipment is expected to be delivered during 2013.

    The systems, which include several of ORBK (“Orbotech”) latest generation automated optical inspection and array tester models, will be utilized in the fabrication of mobile devices and large screen televisions.

    orbkchart

    Orbotech Ltd. (NASDAQ/GSM: ORBK) has been at the cutting edge of the electronics industry supply chain, as an innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products, for over 30 years. The Company is a leading provider of yield-enhancing and production solutions, primarily for manufacturers of printed circuit boards, flat panel displays and other electronic components; and today, virtually every electronic device is produced using Orbotech technology. The Company also applies its core expertise and resources in other advanced technology areas, including character recognition for check and forms processing and solar photovoltaic manufacturing. Headquartered in Israel and operating from multiple locations internationally, Orbotech’s highly talented and inter-disciplinary professionals design, manufacture, sell and service the Company’s end-to-end portfolio of solutions for the benefit of customers the world over. For more information please see the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov. and visit the Company’s corporate website at www.orbotech.com.

    In my opinion this is a stock to watch!

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