SAN JOSE, CA – Shocking Technologies said it has raised $15.2 million, with backers including Littelfuse, Arch Ventures, ATA Ventures, Balch Hill Capital, Skylake Incuvest, Vista Ventures, and a number of private investors.

The firm will use the additional capital to build capacity and infrastructure to meet global demand for its voltage switchable dielectric solution, implemented through its XStatic material.

XStatic is a polymer nano-composite that functions as an insulator (dielectric) during normal circuit operation and becomes conductive when the voltage increases beyond a predefined threshold.

TAIPEI – Foxconn said its second-quarter net profit fell 23% to $447 million year-over-year, as a result of higher taxes.

THE WOODLANDS, TX – UniPixel reported second-quarter revenue of $138,000, up 252% year-over-year.

Revenue for the period was primarily related to engineering services, as well as the sale of the company's thin film product.

During the quarter, the firm reported a net loss of $1.7 million, compared to net income of $676,000 in the prior year quarter.

“We raised our last round of funding in December 2010 specifically to bring mastering and manufacturing capabilities for our UniBoss performance engineered film technology in-house and commercialize the flexible printed circuit products that are enabled by the UniBoss manufacturing process,” said Reed Killion, president and CEO.

“In the second quarter, we achieved this major milestone by completing on schedule and under budget the installation and qualification of new in-house UniBoss mastering and production equipment," he said.

UniPixel provides performance engineered films for the touch screen, antenna, flexible printed circuit, lighting and display markets.

TAIPEI, TAIWAN -- Unimicron Technology's second quarter net profits rose 18% sequentially to NT$1.41 billion ($48.6 million).