Fab News

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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SHANGHAI -- The PCB industry in China grew 9.6% in 2017 and a gradual shift of production capacity to China has increased demand for flex circuits, resulting in 39% growth in revenue on equipment and materials and 94% growth in profit.

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