Fab News

GARBSEN, GERMANYLPKF reported year-over-year first-half revenue growth of 39% to EUR 70 million. The company’s EBIT doubled to about EUR 15 million compared to 2012. Read more ...

TAIPEI -- Foxconn (Hon Hai) reported consolidated revenue fell 1.7% year-over-year to NT$300.3 billion ($10 billion) in July on lower demand for PCs.

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IRVINE, CA -- Multi-Fineline Electronix saw fiscal third quarter net sales plunge, primarily due to lower sales to a key customer. The company swung to a net loss of $31.5 million, compared to net income of $3.8 million last year.

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KYOTO, JAPANKyocera concluded a share transfer agreement with Toppan Printing Co. and NEC to acquire all shares of the printed circuit board manufacturing company NEC Toppan Circuit Solutions. Read more ...

ST. LOUISViasystems Group posted a net loss for the June quarter of $10.3 million, up from a net loss of $33 million a year ago, and a net loss in the previous quarter ended Mar. 31 of $13.3 million.

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KUNSHAN, CHINA-- Foxconn said allegations that its has polluted a major river in China are false, insisting that its printed circuit board plants here meet all local laws and regulations. The denial comes in response to a report released last week by the Institute of Public & Environmental Affairs and other nonprofit organizations that accuses Foxconn of dumping wastewater containing high levels of heavy metals.

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