ANAHEIM, CA – Multi-Fineline Electronix Inc. (MFLEX) reported second-quarter net sales rose 6% year-over-year to $174.1 million on an increase in sales to two of its major customers.
PLYMOUTH, MN – Innovex reported second-quarter sales fell 35% quarter-on-quarter to $8.9 million. The company cites a drop in demand for Flat Panel Display (FPD) and Actuator Flex Circuit (AFC) products that started early in the quarter and continued through the Chinese New Year holidays, as well as a shortage in materials in March.