Fab News

ANAHEIM, CA -- M-Flex today reported its fiscal second quarter net income more than doubled to $11.6 million, up from $4.9 million a year ago.

Read more: M-Flex's Earnings, Sales Up in March Quarter

FRAMINGHAM, MA – First-quarter worldwide PC microprocessor shipments were up 7.4% year-over-year and 1.6% sequentially, says IDC.

IDC expects full-year 2011 shipments to rise 10.3% compared to 2010. 2011 revenue is expected to grow 17.6% to nearly $43 billion.

In the first quarter, Intel had 80.8% unit market share, while AMD had 18.9%, both flat sequentially.

Demand for the second half of 2011 looks good, the firm says. Japan’s “earthquake and tsunami had minor effects on the PC supply chain," said IDC’s Shane Rau. "However, the real near-to-mid term concern there is the effect on Japanese demand for PCs and so microprocessors."

By 2015, IDC expects that more than 13% of PC processors will be based on ARM architecture.

CANONSBURG, PA – Simulation software company Ansys reported first-quarter revenue of $158 million, up 16% year-over-year.

Net income was $42.2 million, up 30% compared to the first quarter of 2010.

The firm raised its guidance for the full year to revenue between $645 million to $665 million.

For the remainder of 2011, the company says an important priority is the support of its Japanese employees and customers during the rebuilding process.

SANTA ANA, CA – Printed circuit board manufacturer TTM Technologies has entered into a letter of intent to acquire the remaining 20% interest in Meadville Aspocomp (BVI) Holdings Ltd. from Aspocomp Group for EUR 14.5 million.

TTM also has agreed to exchange its 10% stake in Aspocomp Oulu Oy for approximately 12.3 million shares of Aspocomp.

TTM's Asia Pacific business segment, which at the time was part of Meadville Holdings Ltd., acquired an 80% percent interest in Meadville Aspocomp from Aspocomp in late 2007, with an agreement to purchase the remaining 20% as early as January 2013.

By agreeing to purchase the remaining stake early, TTM will receive a discount of approximately EUR 2.9 million to the minimum price.

EUR 1 = US$1.483

SHANNON, IRELAND -- PCB fabricator Beta Layout will acquire Vacaville, CA-based Sprig Circuits, PCD&F has learned. Terms are not yet known.

Read more: Beta Layout to Buy Sprig Circuits

CHANDLER, AZ -- Rogers Corp. has opened a $20 million printed circuit laminate production facility in Suzhou, increasing its high-end global capacity by some 50%.

Read more: Rogers Expands in Suzhou

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