Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

Details: Written by Staff; Category: Fab News; Published: 23 October 2008

ANAHEIM, CA -- DDi Corp reported financial results for the Q3 that ended September 30, 2008. Net sales increased 14% YoY to $49.3 million, with a gross margin 20.8% and adjusted EBITDA of $7.1 million. Net income was $1.6 million, or $0.08 per diluted share.

The company repurchased 1.6 million shares of stock, leaving 19.8 million shares outstanding.

Mikel Williams, President and CEO of DDi, stated, "I am pleased with another quarter of solid results as we demonstrate focused execution on our strategy and operating plan despite a challenging general economic environment."

Details: Written by Staff; Category: Fab News; Published: 22 October 2008

SAN JOSE and SANTA CLARA, CA– Cirexx International, Inc. announced that its Santa Clara printed circuit board (PCB) plant has completed certification and qualification assessment by the Defense Supply Center, Columbus, Ohio (DSCC).

Cirexx obtained two MIL qualifications: MIL-PRF-31032/4A for 16-layer, rigid-flex products and MIL-PRF-313032/1B for 22-layer, rigid products. The company believes that with the MIL qualifications, bleeding edge programs and high-end defense customers will be able to “take advantage of the manufacturing abilities, lead times and engineering support.”

Details: Written by Staff; Category: Fab News; Published: 22 October 2008

PHILADELPHIA, PA -- Rohm and Haas Q3 earnings increased by about 2%. For the third-quarter ending Sept. 30, net income was $131 million ($0.67 per share) compared with a Q3 2007 net income of $129 million ($0.61 per share).

Details: Written by Staff; Category: Fab News; Published: 21 October 2008

ASIA– Samsung Electro-Mechanics has signed a buyout deal with J-Three International Holding of Taiwan. As part of the 27.1 billion won (US$20.44 million) deal, Samsung Electro will have more than a 95% share of Unicap Electronics Industrial, currently owned by J-Three.

The deal goes into effect November 30, 2008. Unicap is located near Shanghai and specializes in the production of circuit boards in liquid-crystal displays. Samsung Electro expects the acquisition to increase its competitiveness in circuit board production.

ST. PAUL– 3M has released its sales figures for the third-quarter. Compared to 2007 figures, worldwide sales rose 6.2%, coming in at $6.6 billion.

NORTHFIELD, MN– All Flex Acquisitions, LLC has been recognized for its commitment to quality and on-time delivery. The honor came at the recent Goodrich Sensors and Integrated Systems Supplier Conference in Bloomington, MN. All Flex was awarded Outstanding Supplier Development and Continuous Improvement.

All Flex believes the honor is a result of a team effort between it and the supplier development team at Goodrich. Greg Clossr, president of All Flex, adds, “For a company this size of All Flex to receive this award, among the hundreds of Goodrich suppliers is a significant achievement.”