News
BANGKOK – Hana Microelectronics said second-quarter revenue dropped 1% year-over-year to about $115 million, but net profit rose 26% to almost $16 million.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
The profit increase was a result of higher capacity utilization, the company said.
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36th among the largest EMS suppliers by Electronic Business.
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.
SAN JOSE – A projected decline in world semiconductor fab equipment spending of 20% is expected for 2008, but a rebound of more than 20% in spending is expected in 2009, driven by more than 70 fab projects, says SEMI.
ORLANDO – Orlando: You’ll come for the rain. You’ll stay for the wind.
Or because of it, perhaps.
Tropical Storm Fay, which as of this writing was still threatening to upgrade to hurricane status, put a damper on the second annual SMTA International trade show, although those who braved the elements were treated to a strong technical conference and an eye-opening keynote.
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