Press Releases

West Chicago: Anaya Vardya, President, and CEO of American Standard Circuits, has announced the appointment of industry expert John Johnson to the position of Director of Business Development. Mr. Johnson’s main effort will be focused on high tech business development, with special focus on the growth of Averatek’s A-SAP technology.

During his illustrious career, Mr. Johnson has held several significant leadership positions including a long-time tenure as the president of Electrotek Printed Circuit Board Fabrication in Milwaukee, Wisconsin. He most recently held the position of vice president of sales and customer support at Averatek.

When making the announcement, Mr. Vardya commented, “As far as I am concerned, bringing John onto the ASC team represents a significant step towards our goal of providing our customers with the technology of the future. As we focus on attaining a leadership position in several key markets, especially within the medical market for which the Averatek ASAP specifically focuses on, we felt that it was important to bring in a professional with John’s technology and marketing skills to lead the way.”

Added Mr. Johnson, “I have been an admirer of American Standard Circuits and their way of doing business for many years. I consider it a terrific opportunity and honor to be selected to become a part of this team of experts. I look forward to increasing the company’s thrust into all technology markets, especially the medical market.”

About American Standard Circuits

American Standard Circuits (ASC) prides itself on being a total solutions provider, manufacturing quality rigid, metal-backed, RF/microwave, flex, and rigid-flex PCBs for the medical, automotive, industrial, defense, and aerospace markets in volumes from test and prototypes to large production orders. ASC has the expertise to provide a wide variety of technologies in a time-critical environment. Their qualifications include AS9100 Rev D, ISO 9001:2015, IATF16949:2016, MIL-PRF 31032, MIL-PRF-55110, MIL-PRF-50884 certification and ITAR registration. In addition to manufacturing in the USA, ASC can transition and manage your PCB requirements to lower cost regions via its qualified supply chain of offshore partners. ASC also holds many key patents for metal bonding processes. For more information about American Standard Circuits' services or to ask one of their technology experts a question go to www.asc-i.com.

Visit our web site at https://www.asc-i.com/resources/ to view our various webinars or download our various micro eBooks today. We have published e-books on Fundamentals of Printed Circuit Board Technologies, RF / Microwave PCB’s, Flex and Rigid-Flex Fundamentals, Fundamentals of RF / Microwave PCB’s, Thermal Management.

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

FONTENAY-AUX-ROSES, France--(BUSINESS WIRE)--Regulatory News: Icape Holding (ISIN code: FR001400A3Q3 - mnemonic: ALICA) (Paris:ALICA), a global technology distributor of printed circuit boards, announces that, in connection with its initial public offering on the Euronext Growth® multilateral trading facility in Paris, Gilbert Dupont, acting as stabilizing agent, has partially exercised the Over-Allotment Option, resulting in the issuance of 21,307 additional new shares (the "Additional New Shares"), at the offering price (€16.95 per share), representing an additional capital increase of 0.36 million euros.

As a result, the total number of Icape Holding shares offered in the context of the IPO, after partial exercise of the Over-Allotment Option, amounts to 1,024,307 new shares, thus bringing the size of the offering to 17.4 million euros. The free float now represents approximately 12,66% of the share capital of Icape Holding.

In accordance with Article 6 of the Delegated Regulation (EU) 2016/1052 supplementing the Market Abuse Regulation with technical regulatory standards concerning the conditions applicable to buyback programs and stabilization measures, Icape Holding, on the basis of the information provided by Gilbert Dupont, is publishing in the context of this press release the information relating to the stabilization transactions carried out by Gilbert Dupont as stabilizing agent.

The stabilization transactions were carried out by Gilbert Dupont, as stabilizing agent, during the period from July 11, 2022 to August 9, 2022 inclusive, the last stabilization transaction having been carried out on August 9, 2022.

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

WASHINGTON D.C. — August 9, 2022 – SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the signing of the CHIPS and Science Act of 2022 by U.S. President Joe Biden. The legislation provides a 25% tax credit for U.S. facilities that produce semiconductors or chipmaking equipment and $52 billion in funding for new semiconductor programs. The funding includes $39 billion for grants available to chip manufacturers as well as semiconductor equipment and materials suppliers and $11 billion for federal semiconductor research programs.

“The CHIPS and Science Act secures landmark investments to bolster semiconductor manufacturing and R&D infrastructure as well as a wide range of ancillary industries in the United States,” said Ajit Manocha, SEMI president and CEO, who attended the signing ceremony. “We thank President Biden, Secretary Raimondo, the original CHIPS Act sponsors, leadership in Congress and the committees of jurisdiction for their support in enacting the investment tax credit and funding for CHIPS Act programs.”

“SEMI looks forward to continuing collaboration with the U.S. government and our member companies to ensure timely implementation of these programs to strengthen the U.S. semiconductor supply chain,” said Manocha. “The CHIPS and Science Act funding will also be instrumental in buttressing the National Semiconductor Technology Center (NSTC), National Advanced Packaging Manufacturing Program and related programs in order to drive chip industry innovations that will better the lives of people around the world.”

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

About SEMI

SEMI® connects more than 2,500 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics design and manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. Electronic System Design Alliance (ESD Alliance), FlexTech, the Fab Owners Alliance (FOA), the MEMS & Sensors Industry Group (MSIG) and SOI Consortium are SEMI Strategic Technology Communities. Visit www.semi.org, contact one of our worldwide offices, and connect with SEMI on LinkedIn and Twitter to learn more.

 PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

MILPITAS, Calif. — July 28, 2022 — SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the passage of the CHIPS and Science Act of 2022 by the United States House of Representatives. The bill provides a 25% tax credit for U.S. facilities that produce semiconductors or chipmaking equipment and $52 billion in funding for new semiconductor programs. The funding includes $39 billion for grants available to semiconductor manufacturers as well as equipment and materials suppliers and $11 billion for federal semiconductor research programs.

“Enactment of the investment tax credit and funding for CHIPS Act programs was made possible by the steadfast support of President Biden, Secretary Raimondo, the original CHIPS Act sponsors, leadership in Congress and the committees of jurisdiction,” said Ajit Manocha, SEMI president and CEO. “We thank them for their leadership and support and look forward to working to ensure these policies and programs are implemented quickly and consistently with the objective of strengthening the semiconductor supply chain in the United States.”

“The investment tax credit and funding for CHIPS Act programs will be instrumental in bolstering semiconductor manufacturing and R&D along with a wide range of technology-reliant U.S. supply chains, create thousands of high-skill jobs, and keep pace with incentive programs around the world,” said Manocha. “With semiconductor manufacturing fabs heavily reliant on a complex mix of equipment and materials providers, the inclusion of these critical contributors in the incentives will help to ensure the competitiveness and resiliency of the U.S. semiconductor ecosystem.”

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

PETACH TIKVA, Israel, July 28, 2022 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that the company has received a purchase order in the amount of $1.7 million from an existing customer in the defense sector. The order, will be supplied by Eltek over a period of 16 months commencing October 2022.

"The order reflects the increase in demand in the Defense sector and we are proud that our existing customer has selected to increase its purchase orders from us," commented Eli Yaffe, CEO of Eltek. "This order represents the customer's recognition of our high technological capabilities and the reliability of our products."

About Eltek

Eltek – "Innovation Across the Board", is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), and is the Israeli leader in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP Electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia.

Eltek was founded in 1970. The Company's headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America.

For more information, visit Eltek's web site at www.nisteceltek.com

 

MILPITAS, Calif. — July 27, 2022 — SEMI, the industry association serving the global electronics design and manufacturing supply chain, today applauded the passage of the Creating Helpful Incentives to Produce Semiconductors for America (CHIPS) Act of 2022 by the United States Senate and urged the House of Representatives to swiftly pass the legislation.

The bill provides a 25% tax credit for U.S. facilities that produce semiconductors or chipmaking equipment and $52 billion in funding for new semiconductor programs. The funding includes $39 billion for a grant program available to semiconductor manufacturers as well as equipment and materials suppliers and $11 billion for federal semiconductor research programs.

“It is crucial for the House to join the Senate in passing the investment tax credit and funding for CHIPS Act programs in order to bolster the semiconductor supply chain based in the United States and keep pace with industry incentives offered by other regions,” said Ajit Manocha, SEMI president and CEO. “These policies will strengthen semiconductor manufacturing and R&D in the U.S. while creating thousands of high-skill jobs. Ensuring the competitiveness and resiliency of the U.S. semiconductor ecosystem requires that semiconductor manufacturing equipment and materials providers – vital contributors to fabs – are included as eligible recipients of the incentives.”

Visit SEMI Global Advocacy to learn more about public policy efforts and developments, and SEMI Workforce Development for more information on efforts to address the microelectronics industry’s talent needs.

PCB West: The leading technical conference and exhibition for electronics engineers. Coming Oct. 4-7 to the Santa Clara (CA) Convention Center. pcbwest.com

 

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