Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

Details: Written by Staff; Category: Fab News; Published: 13 October 2008

MINNEAPOLIS – Flex manufacturer HEI reported fourth quarter sales of $11.8 million, up 133% over last year.

For the period ended Aug. 30, the company reported $473,000 in net profits, easily topping its previous earnings year-to-date. The company had a net loss of $723,000 in the year-ago quarter.

For fiscal 2008, net sales were $42 million, up from $38.4 million in fiscal 2007. The net income was $861,000, reversing a net loss of $5.7 million. Cash flow from operations was

HEI also announced it would change its fiscal year end to the Saturday closest to Dec. 31.

Details: Written by Staff; Category: Fab News; Published: 09 October 2008

SAN JOSE, CA– Tessera Technologies, Inc has named Michael Anthofer executive vice president and CFO. He will be responsible for finance, accounting, strategic planning and investor relations for the company. Tessera looks to Anthofer’s “ability to guide the finance team” as the company continues to expand its business footprint.

Anthofer brings over 30 years of experience in leadership, team building and financial acumen. Prior to joining Tessera, he worked for companies including Kodiak Networks Inc., Smartpipes Inc. and Concentric Network Corporation.

Details: Written by Staff; Category: Fab News; Published: 09 October 2008

NORWALK, OH– EPIC Technologies LLC has promoted Mike Goryl to vice president of Human Resources. In his new position, Goryl will direct all HR activities, with a specific focus on acquiring, developing and retaining new talent.

He brings over 30 years of management experience. Prior to joining EPIC in 2005, he held several executive and management positions within Siemens Corporation.

Details: Written by Staff; Category: Fab News; Published: 09 October 2008

CHANGZHOU, CHINA, and ANAHEIM, CA– Microtek Laboratories’ facility in Changzhou, China, has received testing authorization from China Quality Certification Center (CQC). This approval allows Microtek to test PCBs, CCLs and plastics for CQC certification for the domestic Chinese market (CQC-V084).

This is the first time that a foreign-based laboratory has been given authorization to perform testing in these categories. Covering 31 test methods, the CQC certification is based on China National (GB) Standards, as well as certain IEC and ISO standards.

Microtek believes its testing service will “assist customers with certification services for domestic and export Chinese markets.” It has begun to accept requests for CQC testing and certification.

TAIWAN– Flexible printed circuit board (FPCB) makers experienced enhanced sales for September, according to market sources. An improvement in the handset market brought increased revenue for companies such as Flexium Interconnect, Ichia Technologies and Career Technology.

September consolidation revenues for Flexium were reported at NT$314 million (US$9.69 million), rising 3.28% sequentially. In 2007, the company began to diversify into handset applications and has become part of the supply chain for a major US handset vendor. Flexium’s FPCB shipments have been spurred by this undisclosed vendor’s introduction of a 3G smartphone in July.

Ichia reported consolidated revenues totaling a record NT$600 million (US$18.43 million). Revenues from FPCBs made up 65% of the overall sales for the month, up from the previous 50%. According to sources, the increase can be attributed to vendors launching new feature phones, as well as smartphone models, to answer third-quarter seasonal demand.

According to market watchers, Career’s consolidated revenues for the month came in at NT$810 million (US$24.88 million), up 30% sequentially. Record-breaking sales are expected for October, but the company is still remaining “cautiously optimistic” for the fourth quarter.

ANAHEIM, CA–DDi Corporation has announced its preliminary financial results for the third quarter. Net revenue was reported at nearly $49.3 million, a 14% increase over 2007 figures. Booked orders were $51.1 million, the best quarterly PCB bookings performance since 2003, according to DDi.

Fab News

HEI Reverses Fiscal 2007 Loss

Anthofer Joins Tessera

Goryl Receives EPIC Promotion

Microtek CQC-Authorized

FPCB Makers Flex Revenue Muscles for September

DDi Reports Q3 Results

POPULAR

Press Releases