Fab News

YAVNE, ISRAEL -- Orbotech lowered its full-year revenue guidance by some 10% to 14% even while the AOI maker struggles to contain accusations that it sold customers' secrets to competitors.

Read more: Orbotech Lowers Guidance, Fights IP Theft Allegations

NEW YORK -- A new investigative report from human rights watchdog group China Labor Watch claims "rampant" labor rights violations at Foxconn's Shenzhen factory and nine other plants in China that supply Apple.

Read more: Report: Foxconn, Other Apple Suppliers Still Abusing Workers

TOKYO -- OKI has finalized an agreement to acquire Tanaka Kikinzoku Kogyo's printed circuit board business in an all-stock deal.

Read more: OKI Buys Tanaka Kikinzoku's PCB Unit

TOKYO -- Oki Printed Circuits will acquire Tanaka Holdings' printed circuit board operations in a deal scheduled to close in October.

Read more: Oki to Acquire Tanaka PCB Ops

MELVILLE, NY -- Park Electrochemical reported net income plunged 32% year-over-year to $4.93 million in the company's fiscal first quarter.

Read more: Park Electrochemical's Q1 Profits, Sales Fall

GARBSEN, GERMANYLPKF reported an upswing in demand for laser systems for cutting printed circuit boards.

Incoming orders for these products have reached in excess of EUR 10 million in 2012 so far. Full-year 2011 sales were about EUR 6 million.

The firm notes details about the orders are confidential.

LPKF provides MicroLine 6000 and MicroLine 1000 product lines.

Ed: 1 EUR = $1.25

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