TAIWAN– HannStar Board Corporation is predicted to see 20% to 30% sequential growth for notebook PCBs, according to market watchers. For the third quarter, two million shipments of PCBs for low-cost notebooks are predicted, and the company’s market share is expected to reach as much as 70%, thanks to high demand. HannStar is also predicting 1.5 to 1.6 million shipments of traditional notebook PCBs for the third quarter. Because notebooks account for 65% of the company’s total capacity, it has expanded capacity in hopes of an over-90% utilization rate. Gold Circuit Electronics (GCE) has not had the same fortune. Market watchers are predicting a 5% decline due to the company’s cost-structure limitations. To boost profits, GCE plans to increase high-end product orders.
WILMINGTON, DE– Ellen J. Kullman has been elected president and director of DuPont, effective October 1, as well as CEO, effective January 2009. Kullman will implement the company’s market-driven strategy and define the 2009 execution plans. The management team and global work force will be under her leadership. Since joining DuPont in 1988, she has held several positions, including executive vice president and group vice president of the Safety & Protection segment, the company’s highest-earning segment. Kullman was an important factor in joining DuPont’s science to the needs of its customers, as well as the expansion of emerging markets. Prior to joining DuPont, Kullman worked at General Electric.
SAN JOSE, CA– J. Mike Sapienti has joined Sanmina-SCI as PCB senior business development manager for the company’s defense and aerospace market. Sapienti brings over 25 years of manufacturing and defense and aerospace experience, having worked with numerous companies, including Zycon, Parlex Corporation and Teledyen.
MELVILLE, NY -- Park Electrochemical Corp. reported sales of $55.59 million for its Q2 2009 fiscal year that ended August 31, 2008. Sales were down compared to sales of $60.54 million for last fiscal year’s Q2 ending August 26, 2007. Park’s sales for the first six months of fiscal 2009 were $115.4 million compared to sales of $117.62 million for last year’s first six months.
Net earnings on Q2 2009 fiscal year sales were $4.94 million compared to net earnings of $9.16 million for the second quarter of last year.
For the six-month period ending August 31, 2008, Park reported net earnings of $12.95 million compared to net earnings of $16.57 million for last year’s first six-month period.