Fab News

CHONGQING, CHINA – AT&S said its new $210 million plant here will start production at the beginning of next year.

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TOKYO and HUTCHINSON, MN – TDK and Hutchinson Technology have entered into a merger agreement under which TDK will acquire all outstanding shares of common stock of HTI for base consideration of $3.62 per share, plus additional consideration of up to $0.38 per share.

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SAN JOSE, CA – Power Design Services reported a year-to-date revenue increase of more than 28% compared to 2014. The firm expects record revenue for full-year 2015.

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SAN JOSE, CA – Sanmina reported fiscal fourth quarter revenue ended Oct. 3 of $1.64 billion, down 3% year-over-year, and up 6.5% sequentially.

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MIGDAL HAEMEK, ISRAEL -- Camtek reported third-quarter revenues rose 17% year-over-year to $26.3 million on higher demand from the advanced packaging semiconductor market.

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ESPOO, FINLAND – Aspocomp reported third quarter net sales of EUR 3.8 million, down 22% year-over-year. The five largest customers accounted for 51% of net sales.

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