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Fab News

Details: Written by Staff; Category: Fab News; Published: 03 September 2010

CHICAGO -- Methode Electronics reported fiscal 2011 first-quarter net income increased to $4.1 million compared to breakeven in the same period a year ago.

Details: Written by Staff; Category: Fab News; Published: 31 August 2010

NEW YORK – The Bare Board Group is ranked no. 4329 on Inc. magazine’s annual list of the 5000 fastest-growing private companies in the US.

This is the 4th year in a row BBG has made the list.

BBG provides PCBs manufactured in Asia to customers in the consumer, medical, automotive, and industrial markets. The firm has facilities in Largo, FL, and Taoyuan, Taiwan.

The 2010 list was ranked according to percentage revenue growth when comparing 2006 to 2009.

Details: Written by Staff; Category: Fab News; Published: 31 August 2010

TAIPEI – PCB maker Chunghong Holdings will seeks to raise nearly $7 million through a primary listing on the Taiwan Stock Exchange.

The company, which is based in Suzhou and has a half-dozen PCB and EMS assembly sites in China and Poland, will issue some 7.61 million new shares. The listing plan is expected to be completed in the first quarter of 2011.

A majority of funds raised reportedly will be used to add three SMT lines. The company currently has 55 SMT lines worldwide.

Separately, Chunghong said it expects to top its 2009 net income of $3.5 million.

Details: Written by Staff; Category: Fab News; Published: 30 August 2010

TAIPEI -- Nan Ya Printed Circuit Board fiscal third-quarter revenue rose 5%, below analyst's estimates.

TAIPEI -- Hon Hai Precision Industry (Foxconn) turned in a second-quarter net profit of T$16.7 billion ($522 million) as business continued to rebound in the electronics manufacturing sector.

BANNOCKBURN, IL — North American fabricators of printed circuit boards reported July shipments rose 25.2% year-over-year on a 33.9% jump in bookings.