Fab News

PETACH-TIKVA, ISRAEL – Eltek reported fourth quarter revenue of $8.6 million, up 10.3% year-over-year.

Read more: Eltek Reports Q4 Revenue Up 10%

BROMMA, SWEDEN – NCAB Group signed an agreement today to acquire 100% of the shares in Bare Board Group for $12 million. BBG had revenue of approximately $30 million in 2019.

Read more: NCAB Group Acquires BBG

MIAMI – Computer power supplies, certain printed circuit assemblies and wiring harnesses were among the latest exclusions to the China tariffs announced today.

Read more: Electronics Items Added to China Tariff Exclusions

KUNSHAN, CHINA – Wus Printed Circuit reported first quarter revenue of NT$1.1 billion (US$36.2 million), down 8.7% year-over-year.

Read more: Wus Printed Circuit Reports Q1 Revenue Down 9%

WALLINGFORD, CT -- Amphenol reported first quarter sales fell 5% year-over-year to $1.86 billion as factory shutdowns and weaker demand driven by the coronavirus took their toll.

Read more: Amphenol's Q1 Sales Down 5% on Covid Closures

SANTA ANA, CA – TTM Technologies completed the divestiture of its four China manufacturing plants comprising the assets of its Mobility business unit for $550 million in cash.

Read more: TTM Completes Sale of Mobility Business for $550M

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