Fab News

WASHINGTON, DC -- The US House Armed Services Committee last week voted overwhelmingly in favor of the National Defense Authorization Act (NDAA) for Fiscal Year 2022, which includes tighter language over sourcing of printed circuit boards from adversarial nations.

Read more: Pending Defense Appropriations Bill Includes Anti-China Provision

KAOHSIUNG CITY, TAIWAN – Taiflex Scientific’s August Electronic Materials revenue totaled NT$842 million (US$30.5 million), a decrease of 0.16% compared to August 2020. Revenue for the segment was down 7.7% sequentially.

Read more: Taiflex’s August Electronic Materials Revenue Flat YoY

PHOENIX – NCAB Group signed an agreement today to acquire 100% of the shares in RedBoard Circuits.

Read more: NCAB Group to Acquire RedBoard Circuits

MIAMI – Element Solutions has closed its previously announced acquisition of Coventya Holding. Coventya joins MacDermid Enthone Industrial Solutions and will be reported within the company’s Industrial and Specialty segment.

Read more: Element Solutions Closes Acquisition of Coventya

TAOYUAN CITY – Win Semiconductors plans to spend NT$2.1 billion (US$76.4 million) to increase its stake in copper-clad laminate manufacturer Iteq, with the intent to expand the firms’ partnership for 5G and autonomous vehicles, according to reports.

Read more: Semi Firm to Increase Stake in Iteq

BEIJING – XJ Capital has invested in Schmid Technology Guangdong with an undisclosed sum. Prior to the minor investment, the company was 100% owned by Schmid in Germany.

Read more: XJ Capital Invests in Schmid Guangdong

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