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PETACH TIKVA, ISRAEL – Printed circuit board manufacturer Eltek Ltd. reported total revenue rose 14.6% to $11.47 million year-over-year in the fourth quarter.

Net profit was $228,000, compared to a net loss of $655,000 in the prior year.

Adjusted net income for the quarter was $868,000, compared to an adjusted net loss of $14,000 in the fourth quarter of 2010.

“The improvements we implemented at the end of 2010 in our manufacturing processes expanded our capacity by approximately 30%,” said Eltek's president and CEO Arieh Reichart.

The firm has received a frame order of $2.1 million for PCBs from a US medical equipment customer for delivery in 2012 and 2013.

LONDON -- Is Cookson considering splitting the company in two?

Read more: Reports: Cookson Might Split Off Electronics Unit

DUBLIN — Global flexible circuit board production is forecast to grow 12% this year to $10.68 billion, according to a new research report.

Read more: Report: Flex Circuits to Grow 12% YoY

ROGERS, CT -- Rogers Corp. will take $9.4 million in one-time charges in its fiscal first quarter related to a planned restructuring.

Read more: Rogers to Take $9.4M in Q1 Restructuring Charges

BOUDRY, SWITZERLAND – Cicor Microelectronics has recently secured two new large orders with a total volume of EUR 5.4 million.

The first agreement deals with a follow-up order for the production of specialized hybrids for position sensor systems. Production includes manufacturing circuit boards, micro-assembly of position sensors and magnetic field sensors, and also testing.

The second order deals with a framework agreement for the production of complete microelectronic modules in 2012 and 2013.

These orders contribute to an annual goal of organic growth of between 7% and 9%, the firm says.

EUR 1 = US$1.3341

TOKYO -- Sumitomo Electric Industries has reached a basic agreement to acquire Sumitomo Bakelite's flexible printed circuit manufacturing subsidiary in Vietnam.

Read more: Sumitomo Electric to Buy Vietnam Flex Circuit Shop