SHATIN -- Kingboard Holdings expects net profit for the first half of the year to exceed $326 million, a year-over-year increase of more than 70%.
STOCKHOLM – NCAB Group reported net sales of $176.6 million for the first half of the year, essentially flat compared to $173.9 million in H1 last year. Net sales rose 4% from last year. Order intake climbed 5% year over year to $186 million, driven by an 8% increase in USD-denominated organic orders in the second quarter.
SANTA ANA, CA – TTM Technologies has announced the acquisition of a 750,000 sq. ft. facility in Eau Claire, WI, and land rights for a new manufacturing site in Penang, Malaysia.
TAIPEI – Global Brands Manufacture (GBM), a PCB and EMS subsidiary of Walsin Technology, has finalized its acquisition of Lincstech, a Tokyo-based PCB fabricator, from Polaris Capital Group.
SHENZHEN, CHINA – Victory PCB announced the expansion of its production capabilities to further serve industries like automotive, aerospace, medical equipment and advanced communication devices.
MITTWEIDA, GERMANY – NCAB Group has completed its acquisition of B&B Leiterplattenservice GmbH, following the initial agreement signed on April 23. The deal closed on June 3, integrating the German PCB supplier into NCAB’s expanding European operations.