Fab News

AIKEN COUNTY, SC – AGY will invest $12.1 million to expand specialty glass fiber production at its Aiken County facility, adding 80 jobs and increasing US capacity for materials used in semiconductor packaging and high-performance printed circuit boards. Operations are expected to begin in early 2026.

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BENGALURU, INDIA – Wipro Electronics plans to begin operations at its new PCB facility in Doddaballapura, Bengaluru North within the next nine months. The investment totals ₹500 crore ($60 million), according to CEO Neeraj Pandit, who announced the timeline at the 28th Bengaluru Tech Summit. Construction is expected to conclude in six months, followed by production ramp-up shortly after.

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PETACH TIKVA, ISRAEL– Eltek reported third quarter revenue of $13.3 million, down 1% from the same quarter last year, while gross margin fell sharply to 12% from 26% in the third quarter of last year. Operating income dropped to essentially break-even at $50,000, compared with $1.9 million a year ago, and the company posted a net loss of $0.2 million.

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FRANCE – The EIPC (European Institute for the PCB Community) is seeking abstracts for technical presentations at its Winter Conference, taking place February 3–4, 2026, in Aix-en-Provence, France. This year’s theme, “Driving the Future: Innovation, Energy, and Sustainability in PCB Technology,” will focus on advances in materials, fabrication, reliability, and next-generation design and manufacturing technologies.

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SANTA ANA, CA – TTM Technologies posted strong third-quarter results, beating analyst expectations on both revenue and earnings. The company reported  revenue rose 22.1% year-over-year to $752.7 million, surpassing estimates by nearly $41 million.

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TAIPEI – Taiwan-based Zhen Ding Tech Group announced that its subsidiary, Avary Holding, will acquire a 53.68% stake in China’s Wuxi Huayang Technology for $50 million, marking a strategic expansion into the rapidly growing automotive electronics sector.

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