Trio-Tech secures $4.7M burn-in contract with EV chipmaker
Three years ago, Trio-Tech International secured a significant burn-in contract with a major automotive semiconductor customer based in Europe and North America. The agreement, valued at around $4.7 million annually, has the potential to grow to $6 million, as reported in a press release. The customer, a global Integrated Device Manufacturer, specializes in electric vehicle semiconductor applications.
This marks Trio-Tech's second such customer for production burn-in services. According to the contract, Trio-Tech will deliver production burn-in services for an automotive semiconductor product, ensuring rigorous automotive-grade semiconductor requirements for qualification, traceability, and reliability. S.W. Yong, Trio-Tech's Chairman and CEO, expressed that the three-year contract with their second EV semiconductor customer is a significant step in expanding the company's automotive semiconductor business.
The contract validates Trio-Tech's production burn-in capabilities with a new global IDM customer, providing multiyear revenue visibility. Trio-Tech International, headquartered in California, operates across the U.S., Singapore, Malaysia, Thailand, and China. Founded in 1958, the company offers semiconductor testing services, manufacturing solutions, and value-added distribution services.
Its segments include Semiconductor Back-End Solutions and Industrial Electronics. The contract broadens Trio-Tech's customer base in the automotive semiconductor sector, but the company has not disclosed the customer's identity or the start date of services.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.