Fab News

KAOHSIUNG CITY, TAIWAN – Taiflex Scientific reported first quarter net income down 2.4% year-over-year and 40% sequentially to $3.3 million, the lowest level in 25 quarters.

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SHENZHEN, CHINA – Flex PCB manufacturer Leader-Tech Electronics plans to raise up to $16.2 million in new funding through the issuance of new shares, according to reports.

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COSTA MESA, CA – TTM Technologies has completed its acquisition of Anaren for $775 million in cash consideration. The companies had combined total revenue of $2.9 billion in 2017.

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TAINAN CITY, TAIWAN -- Hitachi Chemical will invest 7.5 billion yen ($70 million) to construct a new laminate materials factory here, the company announced.

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TORONTO – Firan Technology Group reported first quarter 2018 sales of $27.5 million, up 1.1% year-over-year.

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TAIPEI -- Taiwanese PCB fabricators reported revenues rose sequentially in March, but were well off their 12-months peak.

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