SAN JOSE, CA – Sanmina-SCI Corp. reported a net second-quarter loss, as it reportedly continues to move toward lean manufacturing and increased efficiency to reduce costs.

The company reported a quarterly net loss of $24.4 million as compared to a net loss of $26.1 million for the same period last year.

However, second quarter net sales grew 1.6% to $1.82 billion from $1.79 billion year-over-year.

"We did turn a corner," company chairman and CEO Jure Sola said during a conference call on Wednesday. "We know that this is still a very challenging business, but we are optimistic about the future."

Sola also said that market opportunities in the PCB business are improving, and that the company aims to increase its market share globally, and that it remains committed to improving operating performance.

TOKYO – The Ibiden Corp. has reported that it will spend about $193.5 million to build a PCB factory in Malaysia, on anticipated demand for cellular phone PCBs.

The company has previously built PCB manufacturing facilities in Gifu Prefecture and Beijing.

Production is already being increased at the China facility, but the company reports that it will continue to build new factories ahead of a projected expansion of cell phone usage in Brazil, Russia, China and India.

"We want to make [the new facility in Malaysia] our number two plant after Beijing," according to Ibiden president Hiroki Takenaka.