Thursday, August 15, 2019

Pivotal Systems Corporation (ASX: PVS) Identifies Growth Potential in Semiconductor Industry with Innovation, New Product Development

  • Pivotal’s gas flow monitoring and control solutions are unrivaled in speed, precision and sensing capabilities
  • The company boasts strong customer retention rates, maintaining close relationships with leading blue-chip integrated device manufacturers and original equipment manufacturers
  • Pivotal’s global footprint includes production facilities in the U.S., China and Korea, with sales offices located throughout the Asia-Pacific Region, Japan and Europe
Pivotal Systems Corporation (ASX: PVS), a leading global provider of best-in-class gas flow control solutions that are integral to the production of semiconductors, continues to build its customer base and increase profit margins with new and repeated sales orders from clients located throughout the world. Pivotal Systems Corporation is listed on the Australian Securities Exchange (ASX).
Pivitol’s portfolio of gas flow controllers (“GFCs”) and flow ratio controllers (“FRCs”) assists semiconductor manufacturers hoping to stabilize and control the delivery of gases used to deposit or remove materials during the semiconductor manufacturing process. Pivotal’s GFC product lines offer high accuracy, real-time monitoring and control of the most critical parameters that are difficult to handle in wafer processing today, including gas flow and chamber condition.
Pivotal recently conducted live demonstrations of several of its products, including the High Flow GFC, the Flow Ratio Controller and the Ultra-High Speed Control System running at microsecond speeds, at SEMICON West in San Francisco. John Hoffman, chairman and CEO of Pivotal Systems, also presented at the 11th Annual CEO Summit, held concurrently with SEMICON West, delivering a detailed review of 2018 and the company’s product timeline (http://nnw.fm/xA5Jx).
Pivotal successfully launched an initial public offering (IPO) on the ASX in July 2019, raising $39.6 million (A$53.5 million) to expand operations in Korea, Japan, Taiwan, China and the U.S., as the company noted in a news release (http://nnw.fm/Q8ejM).
“We have seen a fantastic level of investor support, which reflects our plans to expand our capabilities and provide increasingly valuable technology to our global customers,” Hoffman stated in a news release. “By utilizing cutting-edge proprietary hardware and the most advanced software in our industry, we provide real value when it comes to overcoming many of the flow control challenges advanced semiconductor manufacturers face.”
The company’s strong revenue growth in 2018 – up 32 percent as a result of increasing market share – translates into a strong financial position within a multibillion-dollar industry. The company’s machine learning platform enables a new generation of intelligent industrial controls that can drive productivity in many applications. Pivotal has production capabilities in the U.S. and contracted facilities in China and Korea, with sales offices located throughout the Asia-Pacific region, Japan and Europe.
For more information, visit the company’s website at www.PivotalSys.com
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