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.
Company calendar of the COMET Group:
August 23, 2012
Mid-year report 2012
November 14, 2012
Investor Day 2012