IRVINE, CA -- MFlex reported third quarter net income rose 131% from a year ago to $13.7 million.
YAVNE, ISRAEL – Orbotech’s printed circuit board business posted third quarter revenues of $64.2 million, down 10.5% year-over-year. The figure includes $34.5 million in equipment sales, a decrease of 16.7% compared to the same period in 2014.
CHONGQING, CHINA – AT&S said its new $210 million plant here will start production at the beginning of next year.
TOKYO and HUTCHINSON, MN – TDK and Hutchinson Technology have entered into a merger agreement under which TDK will acquire all outstanding shares of common stock of HTI for base consideration of $3.62 per share, plus additional consideration of up to $0.38 per share.
SAN JOSE, CA – Power Design Services reported a year-to-date revenue increase of more than 28% compared to 2014. The firm expects record revenue for full-year 2015.
SAN JOSE, CA – Sanmina reported fiscal fourth quarter revenue ended Oct. 3 of $1.64 billion, down 3% year-over-year, and up 6.5% sequentially.