Fab News

FEHRING, AUSTRIA – Because of the global weakness in demand in the automotive and industrial electronics sectors, exacerbated by the Covid-19 pandemic, and the associated decline in orders for the AT&S plant here, the company is taking advantage of temporary short-time working as a stop-gap measure, effective July 1.

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LEOBEN, AUSTRIA – The supervisory board of AT&S has reappointed Andreas Gerstenmayer chairman of the management board.

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MINNEAPOLIS, MN – The SMTA elected its global board of directors for the term beginning Sept. 22.

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HUAI’AN, CHINA – Pengding Holding Group signed with the Huai'an Economic and Technological Development Zone to invest ¥5 billion (US$724.5 million) here on an HDI and SLP carrier board manufacturing plant.

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BANNOCKBURN, IL – IPC membership has voted to accept a new addition covering medical devices to the industry standard for bare board qualification and acceptability following industry review. IPC-6012 Medical Device Addendum should be ready by the end of this summer, says the task group chairman, Jan Pedersen.

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CHICAGO – Methode Electronics reported fiscal fourth quarter revenues of $210.6 million, down 20.8% year-over-year.

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