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Aspocomp Group Plc again upgrades its outlook for full-year 2018 net sales and operating result because fourth-quarter customer demand outperformed earlier estimates. In 2018, net sales are expected to grow approximately 20% compared with 2017 and the operating result to be approximately EUR 2.5 million. In 2017, net sales amounted to EUR 23.9 million and the operating result to EUR 0.8 million.
In its previous outlook for 2018 (issued on October 16, 2018), Aspocomp estimated that its net sales would grow approximately 15% compared with 2017 and the operating result would be approximately EUR 2 million.
Aspocomp’s financial statement release for 2018 will be released on Thursday, February 28, 2019.
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.