Fab News

MILPITAS, CA – The current global semiconductor manufacturing industry contraction is expected to moderate in the second quarter and give way to a gradual recovery starting in the third quarter, SEMI announced in the latest publication of the Semiconductor Manufacturing Monitor Report.

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PETACH TIKVA, ISRAEL – Eltek reported revenue of $11.5 million for the first quarter, an 18% increase from last year's first quarter.

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LEOBEN, AUSTRIA – AT&S saw a 13% increase in revenue for its fiscal year, reaching a record €1.79 billion ($1.94 billion). 

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LEOBEN, AUSTRIA – AT&S has received a €250 million loan ($271 million) from European Investment Bank to fund research and development activities and help finance the construction of a new research center at its headquarters.

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SAN JOSE, CA – Sanmina announced revenue of $2.32 billion for the second quarter of its fiscal year.

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TAOYUAN CITY, TAIWAN – The Taiwanese PCB industry is increasingly investing in Southeast Asian countries – particularly Thailand – as customers look to secure their manufacturing bases against global uncertainties and move out of mainland China, according to the Taiwan Printed Circuit Association.

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