Fab News

FONTENAY-AUX-ROSES, FRANCE – Icape Group has announced the acquisition of Fimor Electronics, a French manufacturer of human-machine interface solutions and distributor of custom-made technical parts.

Read more: Icape Group Acquires Fimor Electronics

PENANG, MALAYSIA – In a move to broaden its revenue base, PCB maker Guh Holdings is expanding into the electric vehicle business with the recent acquisition of a 70% stake in Star Wheels Electronics, a company involved in the sales, distribution, manufacturing, assembly and repair of electric scooters, hoverboards and spare parts.

Read more: Guh Holdings Expands into EV Business

TAIPEI – While 2022 was an outstanding year for the global PCB industry, with output seeing 3.2% annual growth to reach $88.2 billion despite negative factors like geopolitics, high inflation and high inventories, but those negative factors will likely continue to affect the industry for at least the first half of 2023, according to guidance from the Taiwan Printed Circuit Association.

Read more: TPCA Advises Caution for Global PCB Outlook in 2023

QINGYUAN CITY, CHINA – Camelot Electronics Technology plans to invest around $339 million to expand its printed circuit board fabrication operations.

Read more: Camelot Electronics Tech Plans $340M Expansion

SANTA ANA, CA – TTM Technologies announced this week that it will close three PCB manufacturing operations in Anaheim and Santa Clara, CA, and Hong Kong, and plans to consolidate the business from these sites into its remaining facilities.

Read more: TTM Technologies to Close 3 Manufacturing Facilities

TORONTO – Firan Technology Group announced its Circuits segment saw sales increase by $1.3 million, or 8.8% in the fourth quarter.

Read more: FTG Circuits Segment Reports Increase in Quarterly Sales

Page 63 of 734