TAOYUAN, TAIWAN – The global flex PCB market will gradually recover from its 2023 downturn, with the market size expected to reach $19.7 billion in 2024, representing a 7.3% year-on-year growth, TPCA reported.
PETACH TIKVA, ISRAEL – Eltek announced revenue of $10.5 million for the second quarter, down 4.5% compared to last year's second quarter.
LONDON – Private investment firm Bain Capital has announced the acquisition of a controlling stake in Somacis, an Italian PCB manufacturer, from Chequers Capital.
ANDOVER, MA – MKS Instruments announced revenue of $887 million for the second quarter, down 11.6% from the second quarter of 2023.
AYASE, JAPAN – Japan's Meiko Electronics is planning to begin production at its $100 million PCB factory in Vietnam in the second quarter of 2025.
TAIPEI – Nan Ya Printed Circuit Board saw second quarter sales of NT8.1 billion ($247.9 million), down 19.8% compared to 2023's second quarter.