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PCBD-June2014

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32 The PCB Design Magazine • June 2014 PCB007 News Highlights tion of the north american market. graphic PlC bought CalFlex uSa last summer with plans to in- crease its market reach into north america. Advanced Circuits Marks 25 Years in PCB Industry "advanced Circuits has experienced consistent growth since its establishment in 1989 and cur- rently occupies a dominant market position with the industry's largest customer database," said President and Ceo John Yacoub. MFLEx Sees Net Sales Drop 32% Commenting on the company's business outlook, reza Meshgin, Ceo, noted, "Based on the timing and breadth of new programs expected to ramp across our customer base, we continue to antici- pate a significant increase in net sales and a return to profitability, excluding impairment and restruc- turing, in the fiscal fourth quarter." Despite Loss, TTM Meets guidance; Sees Demand in Q2 net sales for the first quarter of 2014 were $291.9 million compared to $366.1 million in the fourth quarter of 2013, and $325.4 million in the first quarter of 2013. First quarter 2013 included $23 million of revenue from TTM's SYe plant, in which TTM sold its controlling equity interest during the second quarter of 2013. Sunstone Named Among Healthiest oregon Employers The company earned this award by launching a formal wellness program to encourage healthy lifestyles. By implementing a health incentive, em- ployees who obtain biometric readings, undergo a health risk assessment, and participate in the "Wellness Bingo" challenge have the ability to receive a reduction in their health insurance pre- miums each month. WUS, Schweizer Collaborate on HF PCB Production WuS Printed Circuits Co., ltd. and Schweizer electronic ag concluded an exclusive long-term agreement on the cooperation for the production of high-frequency PCBs for the global automotive and industrial market. Viasystems' Sales Up 8.4%; Q2 growth Expected "While the markets we serve did not demonstrate any significant strength, and in some instances declined both year-over-year and sequentially, we were able to generate net sales and earnings in line with our first quarter expectations," said Ceo Da- vid M. Sindelar. "in terms of our end markets, our automotive, telecommunications, and military and aerospace sectors performed as expected." Speedy Circuits Looks West for More Business Prospects Speedy Circuits has seen a marked increase in out- put of prototype PCBs at its board fabrication fa- cility in Taiwan lately due to strong demand from numerous iCT companies. Demand for hDi PCBs in particular has been strong since it beefed up its board fabricating capabilities two years ago with the acquisition of several advanced process - ing equipment that include orbotech inCaM sys- tems, Mitsubishi laser drill, orbotech lDis, and more. IPC: N.A. PCB Book-to-Bill Shows Positive growth "The book-to-bill ratio's climb and positive year- on-year sales growth in March are encouraging signs of a recovery ahead," said Sharon Starr, iPC's director of market research. She cautioned, how - ever, that "the book-to-bill ratio has just reached positive territory after six consecutive months below 1.00. economic indicators are positive for 2014, but the PCB industry's recovery is develop - ing slowly." HEI Suffers 53% Q1 Sales Drop hei, inc. has announced unaudited financial re- sults for the first quarter of 2014, which ended March 29, 2014. Sales in the first quarter of 2014 were $5,944,000, compared to $12,516,000 in the first quarter of 2013. The company generated a net loss of $896,000 in the first quarter of 2014, compared to a net income of $636,000 in the first quarter of 2013. graphic PLC Ups North American Presence Scott Kohno, president of graphic uSa announced that graphic PlC has begun its strategic penetra- 32 The PCB Design Magazine • June 2014

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