TAIPEI – The parent company of Nanya PCB may invest $1 billion in mainland China this year, building new plants for printed circuit board fabrication, a company executive told local press.
No other details were provided.
Formosa Plastics Group is the parent company of Nanya PCB, one of the world’s five largest printed circuit board fabricators. It also is parent to Nanya’s massive laminates business.
As a percent of the company's overall sales, the unit, which makes custom flex circuits and assemblies, among other products, recorded 26.6% of the overall sales, down about six points from a year ago.
Molex does not break out the specific operating profits or net earnings for the group.
MELVILLE, NY -- Park Electrochemical expanded the responsibilities of its general manager in Europe and promoted another manager to run its global RF marketing.
Jean-Francois Le Rouzic, general manager of Park’s Neltec SA printed circuit materials business unit in Lannemezan, France, will be responsible for marketing and sales of all the company's product lines in Europe. Le Rouzic will continue to report to Marty Kendrick, vice president of operations. Meanwhile, Anthony W. DiGaudio will remain vice president of sales and marketing – Asia.
Also, Mark Carlson has been promoted to director of global RF marketing, responsible for RF/microwave printed circuit materials. Carlson will continue to be responsible for the marketing and sales of Park’s advanced composite materials and parts to certain aircraft OEMs.
SAN JOSE -- Flextronics' components business, which includes Multek, has reached $2 billion in annual sales, and 20% growth is expected in fiscal 2011, company officials said this week.