Hitachi Chemical's Q1 Sales Drop, Expansion Planned
Published: 25 July 2008
by Staff
TOYKO -- Hitachi Chemical will pour a reported 520 million yen into a new R&D center for dry-film PWB materials. The plant will reportedly start operations in April.
The company also said first-quarter net sales dropped 5.5% year-over-year despite gains in electronics related products. Operating income rose 18.5% and net profits were up 27.8% for the June quarter.
Electronics products, which include bare boards, laminates and dry film, were up 1.8%. Sales of multilayer PWBs and flex circuits were down, while laminates were up. Dry film was flat with last year.
Electronics products, which include bare boards, laminates and dry film, were up 1.8%. Sales of multilayer PWBs and flex circuits were down, while laminates were up. Dry film was flat with last year.
