Fab News

AYASE CITY, JAPAN -- Meiko Electronics reportedly will invest 38 billion yen (about $437 million) over the next three years to expand production in China and Vietnam.

Read more: Meiko to Expand in China, Vietnam

CHARLOTTE, NCCamstar Systems Inc. has acquired software firm SigmaQuest for an undisclosed amount.

Camstar expects the acquisition to increase revenue 30% in 2011.

The firm will merge SigmaQuest’s products with its software line by the end of 2010.

SigmaQuest’s staff in Sunnyvale, CA will move to Camstar’s office in San Jose.

Camstar produces software for solar manufacturing, medical devices, biotech, electronics and semiconductors. SigmaQuest’s software supports solar, electronics and medical-device industries, as well as aerospace, defense and telecom.

SAN JOSE -- Flextronics, the world's second-largest contract electronics manufacturer, said fiscal first-quarter net income was $118.2 million, up from a loss of $154 million last year.

Read more: Multek Sales on Record Pace

BANGKOK -- PCB maker Advanced Printed Circuit Board will acquire CKL Electronics of Thailand in a deal worth $6.76 million, according to published reports.

Read more: APCB to Buy CKL

VIENNA, AUSTRIA -- AT&S reported first-quarter revenues rose 37%  year-over-year to 113.9 million euros.

Read more: AT&S Turns in Big Fiscal Q1

ANAHEIM, CAMulti-Fineline Electronix (M-Flex) expects fiscal third-quarter net sales of $181 million, up 3.7% year-over-year.

Read more: M-Flex Says Prelim. Q3 Sales Up Nearly 4%

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