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GlobeNewsWire
4 days ago
SCHMID Group Records More than €26 Million Order Intake since Mid-May, Driven by AI Infrastructure and Optical Module Demand
FREUDENSTADT, Germany, June 16, 2026 (GLOBE NEWSWIRE) -- SCHMID Group (NASDAQ: SHMD) (the “Company” or "SCHMID") announces a strong combined order intake of more than €26 million since mid-May 2026, reflecting multiple customer orders and continued market momentum in advanced PCB and substrate manufacturing technologies for AI infrastructure and next-generation optical module supply chains. The recent order intake reflects continued momentum across SCHMID's InfinityLine Production Equipment, driven primarily by orders secured in China, Taiwan, and South Korea and complemented by incremental business in Europe.
