Fab News

CREDITON, DEVON, UK -- Printed circuit board manufacturer Graphic plc has acquired Printca Denmark for an undisclosed sum.

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CASTELFIDARDO, AN, ITALY Somacis Spa has acquired fellow PCB fabricator Hallmark Circuits for an undisclosed sum. Read more ...

TAIPEI -- Hon Hai Precision Industry (Foxconn) first-half revenue rose 25% year-over-year to NT$1.89 trillion ($63.2 billion) on higher demand for iPhones and iPads.

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PETACH-TIKVA, ISRAEL -- Eltek reported second quarter net profit rose to $351,000 from $257,000 a year ago despite flat sales growth.

For the period ended June 30, revenues were $11.5 million, flat with 2011. Gross profit was $1.9 million (17% of revenues), down from $2.1 million (18% of revenues) in 2011. Operating profit rose to $465,000 from $426,000 last year.

During the quarter the printed circuit board fabricator received a $4.7 million frame order from a defense customer, which is expected to be delivered in 2012 and 2013. It also has received a pair of $3 million orders from two medical customers earlier this year.

EBITDA was $928,000, down from EBITDA of $966,000 in the second quarter 2011.

CHANDLER, AZ -- Isola USA remains on track to execute an IPO, but the timing of the offering date remains to be determined.

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BANNOCKBURN, IL — North American printed circuit board manufacturers reported shipments fell 2.6% year-over-year in July on normal seasonality.

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