Fab News

YAVNE, ISRAEL – Orbotech Ltd. reported first-quarter revenue fell 9% from last year to $91.9 million. Quarter-on-quarter, it dropped 29%.
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YAVNE, ISRAEL – Orbotech Ltd. will see a change in senior management starting in July. The current president and COO, Arie Weisberg, will retire after 18 years of service.
 
Aher Levy, with the company since 1990, was named Deputy CEO of global business. Amichai Steimberg will become Deputy CEO of global finance and operations. He has been with Orbotech since 1992. Erez Simha, with the company since 2004, has been named CFO.
TAIPEI, TAIWAN – The quarter is looking good for Unimicron Technology. Order visibility shows signs of improvement, as demand for notebook and consumer electronic devices gains momentum, reports DigiTimes.
 
The company expects PCB utilization rates to increase more than 80% during the second quarter, according to Tsai-Sheng Shen, Unimicron spokesperson.
 
An 8% to 9% rise in sales from the HDI segment are forecast, on the increase of HDI boards in notebooks, says DigiTimes.
SANTA CLARA, CA – Harbor Electronics has chosen Bacher Systems’ OptiFlex Post-Etch Punch for its innerlayer registration process. The advanced 8-camera system provides automatic core alignment, punching and handling.
 
After a thorough analysis of equipment on the market, the company decided on the Bacher OptiFlex. It was installed and running in one day.
MILWAUKEE – Pho-Tronics Inc. has named David Olson general manager. He will oversee new market segments, overall strategy, managing the existing customer base and other facets of business management.
 
He brings over 29 years of experience in operations, facility management and business development strategies. Olson joins Pho-Tronics from Multicircuits, where he was vice president of operations.
BANNOCKBURN, IL – North American PCB shipments fell 28.3% in March, while orders dropped 38%, according to IPC.
 
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