# Who are Camtek's customers? Who does Camtek earn revenue from?
Canonical: https://valuechain.wiki/camtek · Facet: customers · Updated: 2026-07-12T05:00:52.900365+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Camtek's confirmed revenue counterparties include SK하이닉스, ASE테크놀로지, 삼성전자 plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 4 revenue edges, backed by 5 dated sources, 3 of them primary filings (as of 2026-07-12).

### SK하이닉스 (high)  → /sk-hynix.md
- note: Supplies inspection and metrology to HBM leader SK hynix — as HBM stack counts rise, per-layer inspection steps increase and adoption expands; the top growth demand source.
- [mentions] Analyst consensus (EN, research, published 2026-02-05) https://www.marketbeat.com/stocks/NASDAQ/CAMT/forecast/: "Buy-tilted consensus — HBM4 tool-of-record and 2026 double-digit growth outlook."
- [confirms] SEC / Camtek (EN, filing, published 2026-02-01) https://www.sec.gov/Archives/edgar/data/1109138/000117891326000549/zk2634405.htm: "FY2025 revenue $496.1M (+20%); Q4 record $128.1M; gross margin ~52%. Tool-of-record for HBM4 metrology at all major makers."
- [confirms] SEC EDGAR (EN, filing, published 2025-03-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=CAMT&type=20-F: "Supplies inspection and metrology tools to SK hynix."
- [confirms] TheElec (KO, news, published 2025-01-01) https://www.thelec.kr/news/articleView.html?idxno=31137: "Supplies inspection and metrology tools to SK hynix."

### ASE테크놀로지 (mid)  → /ase.md
- note: Supplies inspection and metrology to the world's largest OSAT, ASE — advanced-packaging (flip-chip, fan-out) volume is inspection demand; OSAT back-end expansion drives Camtek revenue directly.
- [mentions] SEC EDGAR (EN, filing, published 2026-03-01) https://www.sec.gov/Archives/edgar/data/0001109138/000117891326001561/zk2634678.htm: "20-F customer concentration (anonymized): three customers at 15%/10%/10% in 2024; largest customer 11% in 2025 as HBM-era concentration eased."
- [confirms] SEC EDGAR (EN, filing, published 2025-03-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=CAMT&type=20-F: "Supplies inspection and metrology tools to ASE Technology."
- [confirms] TheElec (KO, news, published 2025-01-01) https://www.thelec.kr/news/articleView.html?idxno=31137: "Supplies inspection and metrology tools to ASE Technology."

### 삼성전자 (mid)  → /samsung-electronics.md
- note: Supplies inspection and metrology to Samsung's memory and packaging lines — HBM stacking and hybrid-bonding scaling raise inspection precision and steps, growing tool adoption.
- [mentions] SEC EDGAR (EN, filing, published 2026-03-01) https://www.sec.gov/Archives/edgar/data/0001109138/000117891326001561/zk2634678.htm: "20-F customer concentration (anonymized): three customers at 15%/10%/10% in 2024; largest customer 11% in 2025 as HBM-era concentration eased."
- [confirms] SEC / Camtek (EN, filing, published 2026-02-01) https://www.sec.gov/Archives/edgar/data/1109138/000117891326000549/zk2634405.htm: "HBM/advanced-packaging inspection demand expanded optical inspection/metrology at Samsung and others."
- [confirms] SEC EDGAR (EN, filing, published 2025-03-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=CAMT&type=20-F: "Supplies inspection and metrology tools to Samsung Electronics."
- [confirms] TheElec (KO, news, published 2025-01-01) https://www.thelec.kr/news/articleView.html?idxno=31137: "Supplies inspection and metrology tools to Samsung Electronics."

### 앰코테크놀로지 (mid)  → /amkor.md
- note: Supplies inspection and metrology to OSAT Amkor Technology — revenue linked to outsourced advanced-packaging volume, riding the OSAT capex cycle.
- [mentions] SEC EDGAR (EN, filing, published 2026-03-01) https://www.sec.gov/Archives/edgar/data/0001109138/000117891326001561/zk2634678.htm: "20-F customer concentration (anonymized): three customers at 15%/10%/10% in 2024; largest customer 11% in 2025 as HBM-era concentration eased."
- [confirms] SEC EDGAR (EN, filing, published 2025-03-01) https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=CAMT&type=20-F: "Supplies inspection and metrology tools to Amkor Technology."
- [confirms] TheElec (KO, news, published 2025-01-01) https://www.thelec.kr/news/articleView.html?idxno=31137: "Supplies inspection and metrology tools to Amkor Technology."

Reverse side: https://valuechain.wiki/camtek/suppliers.md · Ripple: https://valuechain.wiki/camtek/ripple.md

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Full node: https://valuechain.wiki/camtek.md · JSON: https://valuechain.wiki/camtek.json