74 The PCB Magazine • June 2014
a
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
david m. sindelar. "in terms of our end markets,
our automotive, telecommunications, and military
and aerospace sectors performed as expected."
b
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 processing
equipment that include orbotech incam systems,
mitsubishi laser drill, orbotech ldis, and more.
c
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."
d
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.
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74 The PCB Magazine • June 2014
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