Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

FRANKFURT, GERMANY — After seeing declines in three straight quarters, incoming orders in Germany's printed circuit board industry increased by 5.7% in the second quarter, according to ZVEI. Sales also saw an increase for the sixth quarter in a row.

Read more: German PCB Orders Increase, but Businesses Remain Pessimistic

SCHRAMBERG, GERMANY — Schweizer Electronic AG has concluded negotiations to sell around 57% of the shares in Schweizer Electronic (Jiangsu) Co., the company's subsidiary located in Jintan, China, to WUS Printed Circuit.

Read more: Schweizer Reorganizes China Business

SHENZHEN, CHINA — Chinese PCB manufacturer Fastprint Circuit Tech will be acquiring a Chinese subsidiary of Ibiden, a Japanese PCB maker, at a price of JPY 17.7 billion (US $129 million).

Read more: Fastprint to Buy Ibiden’s Beijing Unit

BRONSCHHOFEN, SWITZERLAND — Cicor Technologies has acquired German electronic components manufacturer AFT Microwave.

Read more: Cicor Acquires AFT Microwave

BATU KAWAN, MALAYSIA – Simmtech Holdings is set to expand its production line in Penang, Malaysia through its Malaysia-based subsidiary, Sustio.

The $50 million expansion is expected to be completed by the first quarter of 2023, and will double the facility's high-density interconnect (HDI) printed circuit boards (PCB) production capacity while creating an additional 400 full-time jobs.

Read more: Simmtech to Fast-track Penang Production Line Expansion

FONTENAY-AUX-ROSES, FRANCE — ICAPE Group, a global technology distributor of printed circuit boards, announced Monday that it has acquired 100% of the shares in the Sweden-based MMAB Group.

Read more: ICAPE Group Acquires MMAB Group