AI
SCHMID Group Secures Repeat Order Exceeding EUR 37 Million for Advanced HDI-ML and mSAP Equipment
FREUDENSTADT, Germany, July 07, 2026 (GLOBE NEWSWIRE) -- SCHMID Group (NASDAQ: SHMD) has received a repeat order exceeding EUR 37 million from a leading Chinese customer for advanced HDI-ML and mSAP production equipment. The equipment supports the customer’s next capacity expansion for next-generation AI server boards and optical module applications and follows the successful completion of the first phase supplied by SCHMID in 2025. The project further confirms SCHMID’s strong position as a lead
About this update from Schmid Group N.v.
FREUDENSTADT, Germany, July 07, 2026 (GLOBE NEWSWIRE) -- SCHMID Group (NASDAQ: SHMD) has received a repeat order exceeding EUR 37 million from a leading Chinese customer for advanced HDI-ML and mSAP production equipment. The equipment supports the customer's next capacity expansion for next-generation AI server boards and optical module applications and follows the successful completion of the first phase supplied by SCHMID in 2025. The project further confirms SCHMID's strong position as a leading equipment partner for advanced wet process solutions in mSAP, HDI and high-end interconnect manufacturing. AI infrastructure, high-speed networking and optical communication are driving the need for finer structures, higher signal integrity, better yield and reliable high-volume production. The ordered equipment will be used for the customer's next capacity expansion in mSAP production. These processes enable finer line/space structures, higher routing density and improved electrical performance — key requirements for advanced AI server boards and optical module platforms used in modern data centers. SCHMID already supplied key equipment for the first phase of the customer's capacity expansion last year. Given strong performance, high uptime, stable processes and excellent production reliability with our InfinityLine H+ and InfinityLine V+ platforms, this major Chinese customer has now selected SCHMID again for the next expansion step. SCHMID continues to benefit from the accelerating investment cycle in AI-related electronics manufacturing. We see strong momentum in advanced substrate, HDI and mSAP applications. Order intake in the six months ended June 30, 2026 reached EUR 44.3 million, excluding this order (with this order, order intake since January 1, 2026 amounted to EUR 81.7 million). Following the recent acceleration in order intake, the Company is currently reviewing an upward revision of its guidance on order intake. The Company is finalizing its updated full year 2026 order guidance and outlook and expects to communicate a revised quantitative guidance with its business update for the second quarter of 2026 on or about July 14, 2026. Executive Statement "We are pleased that this customer has chosen SCHMID for the next phase of its HDI-ML and mSAP capacity expansion following completion of the fi...