about us
The electronics and semiconductor industry has been at the heart of Priortech’s activities since day one, and remains the company’s focus as we look toward a groundbreaking future.
Priortech was established in 1980 by the current chairman Rafi Amit, in collaboration with six other experts from the printed circuit board (PCB) field. The company, initially known as PCB Technologies Ltd., specialized in manufacturing multilayer PCBs and quickly amassed an impressive clientele that spanned the length and breadth of the Israeli electronics industry.
In 1987 Camtek Ltd. was founded.
In 1992, PCB Technologies became a publicly traded company on the Tel Aviv Stock Exchange, and in year 2000 – Camtek did its IPO on NASDAQ (and became dually listed later, in 2005, when is listed its shares on TASE).
In 2001 its name was officially changed to Priortech Ltd., marking the start of a bold new era. At the beginning of the 2000’s, Priortech started to develop internally a new technology, for the semiconductors’-packaging industry within a self-funded start-up called AMITEC. In 2006, together with a Chinese partner, AMITEC established ACCESS in China, to which AMITEC’s manufacturing technology was transferred.
In 2018 Priortech chose to exit its position in the non-semiconductors electronics industry, and sold its holdings in PCB Technologies, while simultaneously supporting its other growing businesses, Camtek and ACCESS. With the support of Priortech’s controlling stake and successful strategic guidance, these companies have demonstrated continuous growth and exceptional performance, with each year’s figures topping the last.
Priortech’s interest in Camtek and ACCESS, market leaders that focus on the development and adaptation of new state-of-the-art technologies, ensures that Priortech will be able to sustain its current outstanding growth rate in value, while assisting its controlled companies in continuing to break new ground in the semiconductor industry.
Our Vision
“Our vision is to build and grow cutting-edge market leading companies is the semiconductors industry, which will benefit from our broad view and experience, achieve over more than 35 years of business and technological industry activity, and grant it’s investors a uniquely beneficial stake in this exciting journey!” Rafi Amit, Priortech Chairman
Priortech is dedicated to playing an active role in the effectively guiding, mentor and prioritize its companies’ strategic goals and maintain a vital competitive advantage within a rapidly evolving marketplace.
By harnessing vast specialist knowledge and strong international connections, Priortech’s companies present their customers – including some of the world’s largest corporations – with leading-edge solutions that has generated proven success time and time again.
Our involvement in two different semiconductor-related segments enables us to monitor and anticipate emerging trends, and we are ideally positioned to reap the benefits of business growth and technological advances in every corner of the world.
Camtek started its activities in 1987 in order to develop an Automated Optical Inspection (AOI) system for printed circuit boards. In 2000 it was listed on NASDAQ.
In 2001 it acquired an Israeli semiconductor inspection equipment maker Inspectec, and went on to develop more advanced systems and solutions. In 2017 it sold its printed circuits business, and has since then remained a pure semiconductors company. Today Camtek is active in the fastest growing segments of its market, enjoying a strong position as a leading tech company with a solid presence in important geographic territories, especially Asia. In 2005 its shares were also listed for trading on the TASE. Currently Priotech owns about 21.5% of Camtek.
Click here to visit the Camtek Website
Amitec, the holding company of Access (about 40% owned), was born out of the need to develop new technologies for advanced substrates to serve the semiconductor industry.
In 2006 when Amitec’s technology became more mature, an agreement was signed with Founder, a Chinese company, in order to establish a technology manufacturing plant named Access, based in China. A few years later, in 2012, two Asian private equity funds also invested in Access.
Zhuhai ACCESS Semiconductor Co. Ltd. (ACCESS), sells its products both in China and to the rest of the world. It operates two manufacturing sites in China, the first one located in Zhuhai (2006), and the newer one in Nantong (2020). A true innovator, ACCESS owns over 125 granted patents and is considered China’s most advanced company in its field. The company has received official recognition for its achievements through numerous awards. In 2018, Priortech sold one-third of its holdings in Amitec to PC, a Chinese fund.
Click here to visit the ACCESS Website