Fab News

TAIPEI – Nan Ya Printed Circuit Board (NPC) is predicting its sales in the printed circuit board (PCB) industry will decrease 15% to 25% for the fourth quarter. Despite the decline, investors expect NPC to perform above the industry average due to its product diversity and ties with first-tier customers such as Intel.
 
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ST. LOUIS, MO and OAK CREEK, WI – Viasystems Group Inc. has announced that it will close its Oak Creek manufacturing and distribution plant next year. The closure will take place in phases, with nearly 240 employees affected. The first, and largest, phase of layoffs is planned for January 19, and the final round is scheduled for May 31.

CHANDLER, AZ – Isola USA Corporation has settled its complaint against Iteq Corporation. In October, Isola had filed a complaint with the United States International Trade Commission regarding the unlawful importation of certain prepregs, laminates and printed circuit boards (PCBs) that infringed on the company’s patents. 
 
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ANAHEIM, CA -- Multi-Fineline Electronix, Inc. announced that it has agreed to acquire Pelikon Limited. Pelikon, a privately-held company, is working on the development of printed segmented electroluminescent (pSELTM) displays and keypads. 
 
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BEAVERTON, OR-- Merix Corporation announced the completion of an expansion and technology upgrade to the Huiyang, China (HY) factory.

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YAVNE, ISRAEL -- Orbotech Ltd. today released a statement saying the company is "actively engaged in negotiations" with Fin.Pro S.p.A over the sale of its European and American assembly AOI business.

Orbotech's chief executive said the company hopes a sale can be reached quickly "to minimize disruption to our existing client base, while providing a clear path for our customers to continue to receive best-in-class solutions and professional service in the future.”

Italy-based Fin.Pro is the parent company of Prodele, Prodelectronic, Neutec Electronic and Prodelec North Africa. The companies are longtime partners of Orbotech, the latter said in a statement.

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