Company Description
SCHMID Group N.V. (NASDAQ: SHMD) operates in the specialty industrial machinery space as a global solutions provider to high-tech industries. According to company disclosures, SCHMID focuses on developing equipment and process solutions for electronics, photovoltaics, glass, and energy systems. Its systems and processes are used in the manufacture of substrates, printed circuit boards and other electronic components, with an emphasis on achieving high technology levels, high yields with low production costs, and efficient, environmentally conscious production.
The company is headquartered in Freudenstadt, Germany and traces its roots back to 1864. SCHMID states that it employs more than 800 staff members worldwide and operates technology centers and manufacturing sites in multiple locations, including Germany and China, supported by several global sales and service locations. Through this footprint, the group serves customers across electronics, renewable energy and energy storage applications.
Business focus and product portfolio
SCHMID describes itself as a global leader in providing solutions for the high-tech electronics and related industries. Its activities center on customized machinery and process solutions that support the production of substrates, printed circuit boards (PCBs), IC-substrates and other electrical components. The company’s equipment portfolio includes wet-process and plating systems designed for demanding applications such as advanced packaging, high-end PCBs, panel-level packaging (PLP) and high-density glass substrate manufacturing.
In public communications, SCHMID highlights its InfinityLine family of wet-process and plating equipment, which addresses multiple steps in advanced PCB and substrate manufacturing. The InfinityLine H+ platform is described as the company’s top-selling equipment, used in PCB and IC-substrate manufacturing. The InfinityLine V+ is designed to meet requirements for increasingly complex high-end PCBs. Newer platforms such as InfinityLine C+ and InfinityLine P+ target panel-level packaging and advanced substrate applications, with features aimed at touch-free handling, single-panel processing and integrated process flows.
Beyond the InfinityLine family, SCHMID references additional technologies such as QuantumLine and SCHMID‑AVACO plasma equipment for glass core substrate production, and ET‑Board technology for panel-level Cu-damascene manufacturing. These offerings are positioned by the company as enabling miniaturization and high-yield manufacturing for next-generation substrates and AI-server boards.
Industry positioning and end markets
Within the industrials sector, SCHMID operates in the niche of specialty industrial machinery that supports high-end electronics and energy-related manufacturing. The company states that it is a global leader in solutions for electronics, photovoltaics, glass and energy systems, and that it focuses on technologically sophisticated products for advanced packaging, AI servers, and military and space applications. Its equipment is used in markets such as panel-level packaging, modified semi-additive process (mSAP) production, AI server PCB manufacturing, and high-density interconnect and substrate applications.
Company communications emphasize growing demand in AI server applications and advanced packaging as key drivers for its machinery segment. SCHMID has reported major orders for equipment used in AI server PCB production and panel-level packaging, and notes that its expanded product portfolio is geared toward the technological challenges posed by AI applications and high-tech electronics. The group also references its role in energy storage through a battery division and energy systems activities, although detailed product breakdowns are not provided in the available materials.
Technology and process capabilities
SCHMID’s disclosed equipment platforms focus on wet chemical processing, vertical and horizontal wet-process lines, and panel-level plating. The InfinityLine C+ platform is described as a modular, vertical, touch-free cluster tool that supports a range of critical wet processes for high-density interconnect and advanced substrate applications. It is designed for single-panel, touch-free vertical processing, full automation, and highly uniform etching and developing for advanced line-space requirements.
The InfinityLine P+ system is presented as a touch-free, double-sided vertical cluster plating system with integrated photoresist stripping. According to the company, this integration reduces handling steps and tool-to-tool transitions, resulting in a more compact and low-maintenance architecture. Technical features disclosed include segmented, moveable anodes for uniform copper distribution and DI‑water‑cooled titanium contacts intended for reliable operation on very thin seed layers.
These systems are described as compatible with other InfinityLine platforms (H+, V+, C+), allowing manufacturers to configure modular process ecosystems. SCHMID also notes that its equipment supports automation concepts, logistics integration and connectivity to manufacturing execution systems, although detailed specifications are not provided in the summarized materials.
Geographic footprint and operations
The SCHMID Group states that SCHMID Group N.V. and Gebr. SCHMID GmbH are headquartered in Freudenstadt, Germany. The company reports technology centers and production facilities in multiple locations, including Germany and China, along with several global sales and service locations. This structure supports its role as a supplier of machinery and process solutions to customers in Asia, Europe, the United States and other markets referenced in its financial and operational updates.
In recent communications, SCHMID has described production plants in Freudenstadt and another location (not named in the summarized text) and has noted periods of underutilization followed by a return to full capacity as order intake improved. The company also references joint ventures and partnerships, such as SCHMID Avaco Korea Co., Ltd., in connection with financial and capital structure measures.
Capital markets and listing status
SCHMID Group N.V. is listed on The Nasdaq Capital Market under the symbol SHMD, with warrants trading under the symbol SHMDW, according to its SEC filings. In November 2025, the company disclosed receipt of a staff determination letter from Nasdaq indicating an intention to delist the company’s ordinary shares and warrants due to non-compliance with the filing requirement in Nasdaq Listing Rule 5250(c)(1). SCHMID stated that it intends to appeal this determination and request a stay of any suspension action while it works to complete and file its Annual Report on Form 20‑F for the year ended December 31, 2024.
As of the information provided, SCHMID notes that the receipt of the Nasdaq determination letter does not affect its business operations or reporting obligations with the U.S. Securities and Exchange Commission. The company has also reported financing initiatives, including debt‑equity swaps and a secured two‑tranche term loan facility, as part of a realignment of its financial structure.
Financial structure and strategic focus
Public filings and press releases describe SCHMID’s efforts to strengthen its balance sheet and working capital. Measures disclosed include share issuances to offset financial liabilities, a waiver of certain shareholder loans, and negotiations of a term loan facility with an equity conversion feature. The company has indicated that these steps are intended to reduce financial liabilities, support R&D activities, cover IPO‑related costs, and provide sufficient working capital for growth and potential M&A activities.
From an operational perspective, SCHMID emphasizes a strategic realignment toward markets with strong growth prospects, particularly AI server boards, advanced packaging substrates and high‑end electronics. It cites a positive order situation in its machinery segment and a focus on cost reduction programs as elements of its approach to long‑term competitiveness.