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Taiwan-based Ichia Technologies, which manufactures flexible PCBs as well as mechanical integrated components, has reported pre-tax profits of NT$97 million ($3.2 billion) for the second quarter of 2018 following five straight quarters of losses, according to Digitimes. However, the company generated pre-tax losses of NT$26 million in the first half of 2018.
Ichia saw its June revenues fall 10% sequentially to NT$573 million due mainly to a temporary shutdown of part of its production lines in Suzhou, China, where the Suzhou Environmental Protection Bureau has launched a probe into Ichia’s local plant following accusations that it discharged polluted wastewater, and ordered it improve its wastewater processing as soon as possible. The probe, which took place between May 23 and June 27, has prompted Ichia to suspend part of its etching and copper plating production lines.
Digitimes quoted Ichia CEO Larry Sun as saying that the incident, which already affected Ichia's June revenues, will continue to impact the company's revenues in July. The Suzhou plant is expected to return to full capacity later in July.
I-Connect007 Editorial Team
In this second half of our conversation, Michael Carano discusses some of the metrics that fabricators need to consider before investing in new processes, especially process control technologies, and some of the challenges board shops face updating brownfield sites.
Dan Beaulieu, D.B. Management Group
It’s always good to catch up with old friends, especially when you can start working together. I recently spoke with my friend John Johnson, who has joined American Standard Circuits as the director of business development. At ASC, John will be using the Averatek A-SAP process that he was previously involved with. He shares some of his background and provides insight on the best ways to use this semi-additive PCB fabrication process that opens the capability window for forming trace and space.
Pete Starkey, I-Connect007
A two-year project funded by an Innovate UK SMART Grant aims to reduce the impact of e-waste using naturally derived, biodegradable and nontoxic products. Those attending the webinar for the Institute of Circuit Technology’s annual meeting on March 2 learned more about the project, as well as statutory paperwork obligations of the UK REACH regulations. Following the formal business, ICT Chair Emma Hudson introduced and moderated this technical webinar.