Fab News

TOKYO -- Oki Printed Circuits will acquire Tanaka Holdings' printed circuit board operations in a deal scheduled to close in October.

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MELVILLE, NY -- Park Electrochemical reported net income plunged 32% year-over-year to $4.93 million in the company's fiscal first quarter.

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GARBSEN, GERMANYLPKF reported an upswing in demand for laser systems for cutting printed circuit boards.

Incoming orders for these products have reached in excess of EUR 10 million in 2012 so far. Full-year 2011 sales were about EUR 6 million.

The firm notes details about the orders are confidential.

LPKF provides MicroLine 6000 and MicroLine 1000 product lines.

Ed: 1 EUR = $1.25

TAIPEI – Chairman Terry Guo says Foxconn will begin to see growth in profits in 2013, according to published reports.

While the electronics manufacturer will continue to concentrate on revenue growth this year, it does not expect losses, and predicts steady profit growth, according to Guo.

The company’s chairman did not provide a percentage of growth that is expected, say reports.

BANNOCKBURN, IL — IPC president John Mitchell took the industry's case against Dodd-Frank to the US House of Representatives, outlining in a letter how existing and proposed regulations could hurt the electronics manufacturing industry.

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EINDHOVEN, THE NETHERLANDS -- V-PS will reduce its printed circuit board production from July 16 to Aug. 3 as workers take leave for the summer holidays.

The company will remain open during that time but on a skeleton capacity.

In a statement, the company said, "We advise you to advance your orders where possible and to check the required delivery dates beforehand with our sales team."

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