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PETACH-TIKVA, ISRAEL – Eltek reported fourth quarter revenues were $9.5 million, flat with the same period in 2021.

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MILPITAS, CA — Global fab equipment spending for frontend facilities is expected to jump 18% year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth, following a 42% surge in 2021, according to SEMI.

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