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Apex International Co. Ltd has reported consolidated revenue of NT$2.41 billion ($79.49 million), gross margin of 10.25%, consolidated operating profit of NT$17.51 million, and after tax consolidated net profit of NT$4.15 million for the second quarter of 2017.
Quarter-over-quarter, the second quarter consolidated revenue was up by 2.76%, while consolidated operating profit decreased by 68.52% and after tax consolidated net profit decreased by 93.5%. Compared to the same period last year, Apex’s Q2 results represent an 11.57% increase in consolidated revenue, an 89.31% decrease in consolidated operating profit and a 96.76% decrease in after-tax consolidated net profit.
Second quarter net profit was below expectations, resulting from continually increasing raw material cost, the lower yield rate for new capacities and additional cost for exchange products. Recently, the raw material cost is higher than the first quarter of 2017, and Apex expects to continually control the operating cost.
Bob Burns, PRINTED CIRCUITS
One question that I hear fairly often, particularly after an initial quotation, is “Why is rigid-flex so expensive?” In this article, I’ll share with designers the cost drivers in rigid-flex relative to standard rigid boards and flex circuits with stiffeners. A typical rigid-flex PWB will cost about seven times the cost of the same design on a hard board, and two to three times an equivalent flex circuit with stiffeners.
Mehul J. Davé, Entelechy Global, Inc.
While having on-demand capacity, improved automation, and fast turn-around are critical to any front-end engineering operation, achieving those goals with a cost-effective solution is imperative. Electronics are constantly under cost-reduction pressures. Functionality, capability, and complexity increase while costs decrease.
Happy Holden, I-Connect007
A subject that gets very little discussion but is essential to the HDI process is automation. That is, the control of chemical concentrations in our many PCB processes and, especially, those that have been mechanized and can change very rapidly. HDI is one of those series of processes where control is the key to high yields.