COMET plans to temporarily introduce short-time working in the Plasma Control Technologies product area on July 1, 2012; increase in new orders expected at the end of the third quarter

Press release

Flamatt, June 13, 2012

COMET plans to temporarily introduce short-time working in the Plasma Control Technologies product area on July 1, 2012; increase in new orders expected at the end of the third quarter

After an increase in orders from the semiconductor industry in the first quarter of 2012, demand in the Plasma Control Technologies product area has dropped off in the second quarter. This decrease in demand is also due to a lack of investment because of surplus capacity and the postponement of projects by our clients in the flat panel and solar markets.

 

The COMET Group is expecting, however, that new orders will rise again toward the end of the third quarter as the semiconductor industry experiences an upturn.

 

For COMET, short-time working is the instrument to bridge the temporary downturn in orders, keep staff employed and prepare for the next upturn. The move affects 53 employees in the Operations area at Plasma Control Technologies in Flamatt.

Media Relations:

Ines Najorka & Flavia Nicolai

Corporate Communications

T +41 31 744 99 96 / 97

media.relations@comet.ch

 

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November 14, 2012

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