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Eltek Ltd., a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, reported that yesterday evening, a fire broke out in one of the production rooms in the company's plant in Petah-Tikva, Israel. The fire, which damaged part of the production line located in that room, was extinguished without any casualties.
The company restarted its manufacturing in all other production lines; however the manufacturing processes performed in the room that was damaged are required for completing the manufacturing process. At this stage a full assessment of the full recovery time and the impact on the company's operations has not been completed. The company is making efforts to minimize delays of its products deliveries. Based on a preliminary review, all damages are covered under the company's insurance policies.
Nolan Johnson, I-Connect007
The big news in the industry this week was the new bill introduced to the U.S. Congress in support of the PCB manufacturing industry. The Supporting American Printed Circuit Boards Act of 2022, which was introduced by Reps. Anna Eshoo (D-CA) and Blake Moore (R-UT), incentivizes “purchases of domestically produced PCBs as well as industry investments in factories, equipment, workforce training, and research and development.” The bill is a PCB-oriented complement to the semiconductor-oriented CHIPS Act of 2021.
Dan Beaulieu, D.B. Management Group
While there are many Chinese companies now selling in the United States, I wanted to find one in Taiwan that is penetrating the U.S. market. I was delighted to come across EISO Enterprise Co. Ltd., a printed circuit board fabricator located in Taiwan. I know that the American companies are usually looking for PCB global partners in countries other than China, which made my conversation with Gary (Jung Kun) Chien all the more interesting, especially when he shared his thoughts on the U.S-China trade wars.
Hu Yang, Zhongtai Securities Research Center
According to the CCL Association, copper foil accounts for the largest proportion of raw materials (traditional CCL uses epoxy resin, glass fiber cloth and copper as raw materials). Copper foil in thin plate accounts for about 30% of the overall cost; in thick plate copper accounts for 50%. In CCL production, using Shengyi Technology and Chaohua Technology as examples, the cost of raw materials accounts for about 88% of the total cost, with labor accounting for about 4%. Other costs such as equipment depreciation account for about 8%.