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Details: Written by Staff; Category: Fab News; Published: 18 November 2008

MIGDAL HAEMEK, ISRAEL -- Camtek Ltd. announced results for the third quarter ending September 30, 2008. Revenues for Q3 2008 were $19.1 million, 5% below $20.2 million in Q3 2007 and 16% below the $22.7 million reported in the Q2 2008.

Gross profit in the 2008 third quarter was $6.5 million, or 34.2% of revenues, and included an inventory write-off of $1.5 million. Camtek reported a third quarter net loss of $4 million, or $0.14 per share.

Details: Written by Staff; Category: Fab News; Published: 18 November 2008

MELVILLE, NY -- Park Electrochemical Corp. announced a workforce reduction at its Neltec, Inc. electronic materials business unit located in Tempe, Arizona. The number of jobs being cut was not disclosed.

In September, Park also made an unspecified number of cuts to the Nelco Products business unit.

As a result of the Neltec cuts the company anticipates a Q3 charge of less than $100,000 for employment termination benefits for the company’s current fiscal year ending March 1, 2009.

Details: Written by Staff; Category: Fab News; Published: 17 November 2008

YAVNE, ISRAEL – Orbotech reported a third-quarter net loss of $43.1 million on revenues of $94.8 million. It also announced plans to drop out of the PCB assembly AOI equipment business and reduce its workforce by 15%.

Details: Written by Staff; Category: Fab News; Published: 14 November 2008

TAIPEI, TAIWAN– HannStar Board and Gold Circuit Electronics (GCE) have decided to curtail their expansion projects set for 2009. Sources at the companies report the decision comes after poor order visibility.
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HERTFORD, UK – UK-based PWB fabricator Daleba Electronics recently laid off seven workers as part of a corporate restructuring, the company said today.

The firm is set to open a 2,000-sq.-ft. office in Shenzhen, providing a base for the engineering, purchasing, logistics and quality assurance.

Daleba builds boards in the UK and also distributes boards built in China.

TAIPEI, TAIWAN– The global demand for handsets remains low, and Taiwan’s top four makers of printed circuit boards (PCBs) for handsets remain pessimistic about fourth-quarter sales.

Unimicron Technology Corporation saw sales revenue fall 3.62% for the month. Shipments began to cool at the start of the third quarter, and the company isn’t expecting much of an improvement during the fourth quarter.

Smartphones have influenced the sale of rigid flex boards, though. Unimicron has increased sales to over NT$200 million (US$6.05 million). Demand is predicted to stay strong during the fourth quarter.

Unitech Printed Circuit Board Corporation reported sales revenue of NT$921 million (US$27.8 million) for October. This marks an increase of 11.73% from the previous month. The company has experienced a slowdown in shipments of PCBs for mobile phones, not including smartphones. Fourth-quarter sales are predicted to remain sluggish.

Wus Printed Circuit Company reported sales revenue at NT$551 million (US$16.6 million), down 32.68% from September. The company is not forecasting an improvement in the fourth quarter.

Compeq Manufacturing Company did report revenue of NT$2.981 billion (US$90.2 million), up 10.95% from September. Despite the marked improvement, Compeq remains conservative with fourth-quarter predictions.