YAVNE, ISRAEL – Orbotech's second-quarter profit grew 52% year-over-year to $18.9 million.
Revenue rose 6% to $153.4 million compared to the same period last year.
“Overall, we are encouraged by the current positive business environment in the electronics industry and believe that we will post a strong second half of 2011," said Rani Cohen, president and CEO.
Orbotech designs and manufactures AOI systems for printed circuit boards.
TAIPEI -- Unimicron, the world's largest printed circuit board manufacturer, has purchased the outstanding shares of Ruwel International from investor group BlueBay. Read more ...
WEST HAVEN, CT – Enthone has granted Atotech Deutschland a license under an immersion tin patent.
The Enthone patent encompasses technology that mitigates the propensity for whisker growth. It allows the use of metals, such as silver, to be incorporated within the tin process solution.
The patent is registered in Europe, Asia and the US. Terms of the license agreement remain confidential.
CLEVELAND – OM Group said it expects second-quarter 2011 net sales between $328 million and $332 million, and operating profit between $26 million and $30 million. Read more ...
SAN JOSE – Electronics manufacturing services provider Sanmina-SCI Corp. today reported third-quarter net sales of $1.67 billion, up 6.7% sequentially and 2.5% year-over-year.
Third-quarter net income was $7.2 million, down 66.7% compared to the same period in 2010.
LONDON – Holders Technology reported first-half 2011 revenue of $10.1 million, up 42.3% compared to the first six months of 2010.
Gross profit was $2.4 million, up 26.3% year-over-year.
First-half printed circuit board revenue was $8.7 million, up 26.1% compared to the same period last year.
Gross profit for the PCB business unit was $2.2 million, up 22.2%.
LED revenue jumped 460% year-over-year to $1.4 million in the first half of 2011, while gross profit for the segment increased 174.3% to $192,000.
German operations enjoyed robust demand from established larger customers, the firm said. PCB operations in the UK were stable overall, with somewhat weaker demand.
The firm provides specialized materials, equipment and components to the electronics and lighting industries.