PETACH TIKVA, ISRAEL– Eltek reported third quarter revenue of $13.3 million, down 1% from the same quarter last year, while gross margin fell sharply to 12% from 26% in the third quarter of last year. Operating income dropped to essentially break-even at $50,000, compared with $1.9 million a year ago, and the company posted a net loss of $0.2 million.
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FRANCE – The EIPC (European Institute for the PCB Community) is seeking abstracts for technical presentations at its Winter Conference, taking place February 3–4, 2026, in Aix-en-Provence, France. This year’s theme, “Driving the Future: Innovation, Energy, and Sustainability in PCB Technology,” will focus on advances in materials, fabrication, reliability, and next-generation design and manufacturing technologies.
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SANTA ANA, CA – TTM Technologies posted strong third-quarter results, beating analyst expectations on both revenue and earnings. The company reported revenue rose 22.1% year-over-year to $752.7 million, surpassing estimates by nearly $41 million.
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TAIPEI – Taiwan-based Zhen Ding Tech Group announced that its subsidiary, Avary Holding, will acquire a 53.68% stake in China’s Wuxi Huayang Technology for $50 million, marking a strategic expansion into the rapidly growing automotive electronics sector.
Read more ...PRACHINBURI, THAILAND – Thai Kun Circuit has broken ground on a new factory at 304 Industrial Park in Thailand as part of its plan to expand production capacity and strengthen its position in the global electronics supply chain.
LUCKNOW, INDIA – Concord Control Systems Limited has taken a step into advanced electronics manufacturing with the acquisition of a 50% equity stake in Fusion Electronics Private Limited. The deal, completed through a definitive share purchase agreement, marks Concord’s entry into the high-value flex PCB segment and designates Fusion as an associate company.