Printed Circuit Design & Fab Online Magazine - Fab News

Fab News

FORT LAUDERDALE, FL – Element Solutions announced the retirement of Scot R. Benson from his current role as president and COO, effective June 15. Benson will continue to serve as a member of the board.

Read more: Element Solutions President Benson to Retire

SANTA ANA, CA – TTM Technologies reported first quarter net sales were $497.6 million, down 7.2% year-over-year and 7.1% sequentially.

Read more: TTM Technologies Reports Q1 Net Sales Down 7%

ANDOVER, MA – MKS Instruments reported first quarter net revenues were $536 million, up 16% year-over-year and 7% sequentially. The increase was driven largely by increased demand from customers in the semiconductor market.

Read more: MKS Instruments Reports Q1 Net Revenues Up 16%

SAN JOSE – Sanmina reported fiscal second quarter revenue of $1.6 billion, down 25.2% year-over-year and 13.6% sequentially.

Read more: Sanmina Reports Fiscal Q2 Revenue Down 25%

STOCKHOLM — NCAB Group has raised SEK 287 million (US$28.7 million) in a directed issue of 1.85 million shares to Swedish and international institutional investors. The printed circuit board distributor intends to use the proceeds to increase its financial flexibility, including for potential acquisitions.

Read more: NCAB Raises $29M in New Shares Issuance