TAIPEI -- Hon Hai, the parent company of Foxconn, reported consolidated August sales rose 2.6% year-over-year to NT$280.4 billion ($9.44 billion). Sales were down from 6.6% July, however, the company said.
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ANAHEIM, CA -- Is M-Flex's largest shareholder looking to divest the PCB fabricator? According to Bloomberg, United Engineers is looking for a buyer for its 62% stake in the flex circuit manufacturer.
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LISLE, IL -- Koch Industries will buy Molex in a deal worth some $7.2 billion. Molex is best-known as a designer and manufacturer of various types of board connectors, and also builds flex circuits and PCB assemblies.
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ROME, NY -- The ESD Association is sponsoring a symposium highlighting best practices for EOS/ESD management in the factory. The four-day event, which includes exhibits, takes place Oct. 28-Nov. 1 in Penang, Malaysia.
Read more ...NORWOOD, MA -- LTX-Credence has agreed to acquire Multitest and Everett Charles Technologies for $93.5 million, including $73.5 million in cash.
PETACH-TIKVA, ISRAEL – Eltek Ltd. reported record second-quarter revenues of $12.4 million, up 7.8% year-over-year.