Reading time ( words)
Flexible PCB maker Flexium Interconnected has reported net profits of NT$245 million ($8.12 million) for the first quarter of 2017, down by 76.1% quarter-on-quarter and 41.9% year-on-year, according to Digitimes.
The company suffered foreign exchange transaction losses of NT$303 million during the quarter, thereby affecting its profits, the company explained. Gross margin stood at 23% in the first quarter, a decline 0.6 percentage point from a quarter earlier and 1.1 percentage points from a year ago.
Pete Starkey, I-Connect007
“We’re not out of trouble yet, but it’s a whole lot better than a couple of months ago.” Walt Custer’s business outlook update, with emphasis on the European electronics industry, attracted a capacity audience to EIPC’s webinar on October 2. Pete Starkey details how it wasn’t all bad news.
Gene Weiner, Weiner International Inc.
Nanya Technology, Taiwan's biggest DRAM chipmaker, will apply for a permit to provide chips to ZTE. The company said it has been notified about restrictions on shipments to ZTE, and that the ban would have limited effect on its operation. The company said on May 9 that it is preparing to apply for a permit to continue shipping chips to ZTE Corp. as export restrictions took a new turn due to a US-China trade spat.
One of the most popular questions we receive concerns the market for M&A. Here is our take on the current market for PCB shops in North America. In general, the PCB market in North America is not growing, which means that to grow, shops either must take market share from others, or grow through acquisitions.