PETACH-TIKVA, ISRAEL – Eltek is seeing a pick up in demand for rigid and rigid-flex printed circuit boards at large North American OEMs, the company's chief executive said this week.

On a conference call with analysts, CEO Colin Howe said an earlier slowdown among Tier 1 customers "has dramatically changed."

"We see an uptick in the Tier 1 in particular and also the sub (contractors). It’s an encouraging start for us in North America and we hope that we can maintain that level of momentum."