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FormFactor history
FormFactor company history timeline
FormFactor began life in 1993 when former IBM researcher, Igor Khandros, began developing products for the semiconductor industry in a tiny New York lab.
In 1995, as initial research-and-development work concluded, the company established its headquarters and manufacturing operations in Livermore, California, where it debuted as a commercially active company.
FormFactor introduced its first wafer probe card in 1995, unveiling its proprietary MicroSpring technology.
The introduction of its first product gave the company its first trickle of revenue, a total of $1.1 million in 1995, but its volume of business was not enough to offset its losses.
Financially, FormFactor faced an uphill battle as it attempted to woo semiconductor manufacturers to its costly, advanced wafer probe cards. "Despite its merits," noted the December 14, 1998, issue of Electronic Buyers' News, "industry analysts are viewing the [MicroSpring] technology coolly.
In 2000, when revenues reached $56 million, the company recorded its first annual profit, posting $2 million in net income.
The company's revenues reached $98 million at the end of 2003 and leaped to $177 million the following year.
In 2004, the company more than tripled its net income, posting $25.1 million in profit.
FormFactor rated by customers as World’s Best Supplier of Subsystems in the 2014 VLSIresearch Customer Satisfaction Survey.
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FormFactor competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| inTEST | 1981 | $130.7M | 316 | 4 |
| Dukane | 1922 | $90.0M | 500 | - |
| Teradyne | 1960 | $2.8B | 5,400 | 205 |
| Synopsys | 1986 | $6.1B | 15,001 | 43 |
| Cypress Semiconductor | 1982 | $2.2B | 5,846 | - |
| Elo TouchSystems | 1971 | - | 376 | 10 |
| Advanced Energy Industries | 1981 | $1.5B | 10,000 | - |
| Hamilton Sundstrand | 1999 | $6.2B | 17,158 | - |
| Pratt & Whitney | 1925 | $16.2B | 38,737 | 12 |
| National Semiconductor | 1959 | $1.4B | 5,800 | - |
FormFactor history FAQs
Zippia gives an in-depth look into the details of FormFactor, including salaries, political affiliations, employee data, and more, in order to inform job seekers about FormFactor. The employee data is based on information from people who have self-reported their past or current employments at FormFactor. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by FormFactor. The data presented on this page does not represent the view of FormFactor and its employees or that of Zippia.
FormFactor may also be known as or be related to FORMFACTOR INC, FormFactor, FormFactor Inc, FormFactor Inc., FormFactor, Inc., Formfactor Inc. and Formfactor, Inc.