SANTA ANA, CA– TTM Technologies, Inc. has released its third-quarter results. Net income reached $9.5 million, or $0.22 per diluted share. The company experienced net sales of $169 million, a 2.3% drop from the second-quarter result of $173 million. The gross margin for the third quarter was 19%, a 2.1% decline from the second-quarter. Read more ...
WEST SUSSEX, UK– Artetch Circuits has received AS9100 by the British Standards Institute. The award comes after the company proved its ability to manufacture printed circuit boards (PCBs) to meet the standards required by the international aerospace industry.
Artetch will be able to supply conventional, double-sided and multi-layer PCBs to the aeronautical and aerospace industries. The company believes the achievement will “open a significant and exciting market,” and it plans to maximize the honor.
MILPITAS, CA– Flex Interconnect Technologies (FIT) recently received International Traffic in Arms Regulations (ITAR) compliance from the US Department of State. The registration acknowledges FIT’s adherence and commitment to regulations pertaining to the export and import of defense related materials and services. Military, defense and aerospace are important segments for the company. Receiving ITAR registration ensures FIT has the abilities, expertise and regulatory oversight to correctly handle these technologies. The company believes the award will allow it to “more comprehensively serve the needs” of its customers.
BEAVERTON, OR -- Merix Corporation has received approval to process polyimide material under its MIL-PRF-31032 certification in its San Jose, California, factory.
"The extension of our MIL-PRF-31032 certification to include polyimide is further confirmation of Merix’s continued commitment to the defense and aerospace segment," said Michael D. Burger, President and CEO of Merix Corporation.
MUNICH, GERMANY -- Seica SpA has opened a new customer demo and support center in Munich, Germany to support German, Austrian and Swiss customers.
ATE equipment is installed for demos, education and support and can be used by customers for benchmarks and evaluation purposes. Seica customers can also obtain machine and/or software training at the support center.
TAIPEI -- Nan YaPrinted Circuit Board Group anticipates a Q4 sales decline. Analysts estimate a dip of 10%.
Nan Ya reported the demand for printed circuit boards and wire-bonded substrates has declined. These segments account for 40% to 50% of the company’s sales.
Shipments of flip-chip substrates remains relatively strong driven by Intel's 45nm products. Flip-chip substrates account for 45% to 55% of the company’s sales.
Nan Ya has a planned total capacity expansion of flip-chip substrates at its Shulin plant of 15 million units annually that will be installed in 5 million unit segments to increase the company's capacity to grow in this market segment.