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Fab News

Details: Written by Staff; Category: Fab News; Published: 31 August 2010

TAIPEI – PCB maker Chunghong Holdings will seeks to raise nearly $7 million through a primary listing on the Taiwan Stock Exchange.

The company, which is based in Suzhou and has a half-dozen PCB and EMS assembly sites in China and Poland, will issue some 7.61 million new shares. The listing plan is expected to be completed in the first quarter of 2011.

A majority of funds raised reportedly will be used to add three SMT lines. The company currently has 55 SMT lines worldwide.

Separately, Chunghong said it expects to top its 2009 net income of $3.5 million.

Details: Written by Staff; Category: Fab News; Published: 30 August 2010

TAIPEI -- Nan Ya Printed Circuit Board fiscal third-quarter revenue rose 5%, below analyst's estimates.

Details: Written by Staff; Category: Fab News; Published: 30 August 2010

TAIPEI -- Hon Hai Precision Industry (Foxconn) turned in a second-quarter net profit of T$16.7 billion ($522 million) as business continued to rebound in the electronics manufacturing sector.

Details: Written by Staff; Category: Fab News; Published: 27 August 2010

BANNOCKBURN, IL — North American fabricators of printed circuit boards reported July shipments rose 25.2% year-over-year on a 33.9% jump in bookings.

BOUDRY, SWITZERLAND – Cicor Technologies’ net income rose 10.3% in the first half to $86 million.

The firm’s orders for the period were $90.4 million, up 20% year-over-year.

Compared to the previous year, the PCB division’s net revenue rose 27.3% to $17.3 million. The segment recorded a loss of nearly $200,000, compared to a loss of almost $3.7 million in 2009.

The company saw broad strength in medical, automotive, semiconductor, telecommunications, aerospace and watches.