Fab News

PETACH-TIKVA, ISRAEL – Yesterday, a fire broke out in one of the production rooms in Eltek’s plant here. The fire damaged part of the production line in that room and was extinguished without harming staff.

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TAOYUAN, TAIWAN – Gold Circuit Electronics reported May consolidated revenue increased 37.5% year-over-year and 20.1% sequentially to NT$3.1 billion (US$103.4 million), a record high for the company, according to reports.

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SUZHOU, CHINA – WUS Printed Circuit plans to spend $280 million on a new production facility in Thailand, according to reports.

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FARMINGTON, UT – Nitto Denko acquired Bend Labs for an undisclosed sum.

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WALTHAM, MA – Nano Dimension reported first quarter revenues of $10.4 million, an increase of 1,186% over the same quarter in 2021 and up 38% sequentially.

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TAIPEI CITY – ITEQ Corp. reported April sales of NT$2.7 billion (US$90.8 million), down nearly 1% year-over-year and 3.3% sequentially, according to reports.

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