Printed Circuit Design & Fab Online Magazine - Market News

Market News

PHILADELPHIA – Rohm and Haas reported fourth-quarter earnings plummeted 82% from last year to $32 million. Earnings for the fiscal year were $480 million.

SANTA ANA, CA -- TTM Technologies exceeded guidance projections turning in fourth quarter sales of $164.9 million, down 1.5% compared to fourth quarter 2007 and down 2.4% from the previous quarter.

TAIPEI, TAIWAN – Asustek Computer shipped nearly 300,000 portable PCs during the fourth quarter, increasing shares in the US notebook market, according to IDC data.

Asustek is planning to market notebooks through Wal-Mart starting in the second quarter. It wants to increase shipments to over 1 million, compared to 650,000 in 2008.

Acer reported notebook/netbook shipments at 1.4 million to 1.5 million for the fourth quarter, compared to over 4 million last year. US shipments increased to 57% quarter-over-quarter.

ANAHEIM, CA – Multi-Fineline Electronix Inc. (MFLEX) reported record first-quarter net sales jumped 17.6% from last year to $216.6 million, on increased sales to two key customers.

COKATO, MN – Innovex Inc. reported first-quarter revenue fell 34.1% from last year to $13.7 million, on lower demand for Flat Panel Display (FPD) and Actuator Flex Circuit (AFC) products.

EL SEGUNDO, CA – Worldwide Advanced Driver Assist System (ADAS) sales are expected to soar to 56.3 million in 2013, a CAGR of 26.6%, from 17.3 million in 2008.