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Microspring Co history
Microspring Co company history timeline
In April 1993, he started a second company, FormFactor, a company that would revolutionize the market for testing wafers.
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.
Orders were streaming in from the world's largest chip makers, including Intel Corp., Samsung, and Spirox Corp., vaulting FormFactor to the number four position in the probe-card market in 2000.
FormFactor derived 17 percent of its revenues from flash memory business in 2002.
Avalos, George, "Initial Public Offering Market Shows Signs of Revival for California Firms," Contra Costa Times, December 28, 2003.
In 2005, the company's sixth consecutive year of profitability, net income reached $30.1 million.
"FormFactor, Inc. ." International Directory of Company Histories, Volume 85. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/reference/dictionaries-thesauruses-pictures-and-press-releases/formfactor-inc
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