Fab News

WASHINGTON DC – President Joe Biden has authorized the use of the Defense Production Act to spur domestic and Canadian production of printed circuit boards, citing the technology's importance to national defense.

Read more: Biden Invokes Defense Production Act for PCB Production

GUANGZHOU, CHINA – Xingsen Technology said its FCBGA packaging substrate project is still under construction, and it is expected that mass production will begin at the Zhuhai base in the third quarter of this year and trial production at the Guangzhou base in the fourth quarter of this year.

Read more: Xingsen Technology Building FCBGA Production Facility

WALTHAM, MA – Nano Dimension said it will continue to consider its options after Stratasys rejected its proposal to acquire the company.

Read more: Nano Dimension to Review Options for Stratasys, Other Acquisition Targets

XINFENG, CHINA – The China Electronic Circuit Industry Association and Jiangxi Electronic Circuit Industry Association have partnered with the Xinfeng County People's Government and Jiangxi Xinhong Education Investment Co. to build the Xinfeng Electronic Circuit Technical Vocational School and College.

Read more: Xinfeng to Build Electronic Circuit Technology Vocational College

SAN JOSE, CA – NextFlex has announced the release of Project Call 8.0, the latest call for proposals that seek to fund projects that further the development and adoption of flexible hybrid electronics (FHE) while addressing key challenges in advanced manufacturing that support Department of Defense priorities. The total PC 8.0 project value is expected to exceed $9.4 million (project value/investment figures include cost-sharing), bringing the total anticipated investment in advancing FHE since NextFlex’s formation to $134 million.

Read more: NextFlex Announces Funding Opportunity for Flexible Hybrid Electronics

HONG KONG – Chinese private equity firm DCP Capital aims to sell its Singaporean portfolio firm MFS Technology, which makes flexible printed circuit boards, for at least $550 million, Reuters reported.

Read more: DCP Capital Looking to Sell MFS Technology

Page 73 of 748