Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

POWAY, CA – Mycronic signed an agreement with Cohu to purchase the firm’s printed circuit board test group for $125 million.

Read more: Mycronic to Buy Cohu’s PCB Test Group for $125M

PITTSBURGH – Ansys reported first quarter revenue of $363.2 million, up 19% year-over-year.

Read more: Ansys Reports Q1 Revenue Up 19%

TROY, MI – Altair reported first quarter software product revenue was $129.5 million, up 19.5% year-over-year. Total revenue for the quarter was $150.2 million, an increase of 14.2%.

Read more: Altair Posts Q1 Software Revenue Up 20%

SAN JOSE – Flex reported fiscal fourth quarter net sales of $6.3 billion, up 14.3% year-over-year.

Read more: Flex Reports Fiscal Q4 Net Sales Increased 14%

SAN JOSE – Sanmina Corp. posted second quarter net sales were $1.7 billion, up 6.9% year-over-year.

Read more: Sanmina Posts Q2 Net Sales Up 7%

SINGAPORE – Tuan Sing Holdings has agreed to sell 13% of the shares it holds in Gultech (Jiangsu) Electronics, a fabricator of printed circuit boards, for 435 million yuan (US$67.2 million), according to reports.

Read more: Investment Firm to Sell 13% Stake in Gultech China