-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueCounterfeit Concerns
The distribution of counterfeit parts has become much more sophisticated in the past decade, and there's no reason to believe that trend is going to be stopping any time soon. What might crop up in the near future?
Solder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
DSBJ Completes Acquisition of Multek
July 30, 2018 | Business WireEstimated reading time: 2 minutes
Multek announced the completion of its previously announced acquisition by Suzhou Dongshan Precision Manufacturing Co. Ltd., a diversified manufacturer headquartered in Suzhou, China. The transaction was announced in March 2018 by Multek’s outgoing parent company, Flex, in the form of a divestiture. The completion of this transaction follows the receipt of all necessary shareholder and regulatory approvals.
With the completion of its change in ownership, Multek becomes an indirect, wholly-owned subsidiary of DSBJ. Franck Lize, Chief Executive Officer of Multek, commented, “We are pleased to complete this transaction and very excited about our future as part of the DSBJ family of companies. Multek is now better positioned than ever to continue expanding capabilities and contribute to the combined company’s success, while supporting our customers’ future needs.”
"This transaction represents a new chapter and key milestone in DSBJ's 38-year history," said Yuan Yonggang, Chairman and President of DSBJ. "By acquiring Multek, we are creating a more powerful and global enterprise in the component technology space, with more than 25,000 employees, over five million square feet of manufacturing space, and adding over 300 active customers including the most respected brands in the US, Europe and Asia. With the merger complete, we aim to rapidly grow Multek by repeating the same successful recipe DSBJ used to significantly grow the sales of MFLEX, our last major acquisition in 2016, which was a similar-sized manufacturer in the same industry. In addition, Multek’s large and diversified account base -- spanning Smartphones, Wearables, IoT, Automotive, Medical, Communications Infrastructure, Computing, Consumer Electronics, Industrials and Instrumentation – presents excellent cross-fertilization opportunities for DSBJ’s existing companies and vice-versa."
Founded in 1978, Multek currently operates a 1.6 million square feet campus in Zhuhai, China, offering one-stop engineering and manufacturing services for rigid printed circuit board (PCBs), flexible printed circuits (FPC), rigid-flex, and assembly. Multek’s plants and laboratories are equipped with state-of-the-art equipment.
About Multek
Multek, a wholly owned subsidiary of DSBJ, is a leading value-add manufacturer of printed circuit board technologies offering a broad spectrum of PCB engineering and manufacturing expertise including high density interconnect, rigid, flexible, and rigid-flex printed circuit and assembly solutions. Serving customers in mobile, automotive, IoT, medical, wearable, telecommunications, computing, industrial and consumer electronics markets, Multek enables customers to take products to market quickly through early engineering, advanced technology new product introduction, and volume production. For more information, click here.
About DSBJ
DSBJ, founded in 1980 in Suzhou, was successfully listed on the Shenzhen Stock Exchange (stock code: 002384) in 2010. DSBJ aims to be a leading technology provider of critical components in the intelligent world of IoT with one-stop R&D, manufacturing, sales and service for FPC, PCB, Rigid-Flex, LED packaging, Display Modules, and Telecom equipment, which are widely applied in the consumer electronics, telecommunications, and automotive industries. DSBJ achieved annual revenue of USD 2.37 billion in 2017.
Suggested Items
Global Citizenship: Comparing and Contrasting the U.S. and China PCB Industries
10/23/2024 | Tom Yang -- Column: Global CitizenshipI have spent a lot of time in the U.S., and one question I am frequently asked is about the differences between the Chinese and U.S. PCB industries. It’s always an interesting question, and I will try to answer it in this month’s column. Certainly, the U.S. was the leader in PCB manufacturing, including developing the processes and technology, which it taught to the Chinese in the late 1980s and ’90s. As a result, China has become a force to be reckoned with in the global PCB market. Having been educated in America and now leading a major PCB manufacturing company in China, I have a unique vantage point when it comes to comparing the two nations’ approaches to PCB production.
Yamaha Robotics Appoints Roberto Ferraretto New Area Manager for Italy
10/23/2024 | Yamaha RoboticsYamaha Robotics SMT Section has announced that Roberto Ferraretto has joined the team as Area Manager for Italy, to support the Company’s range of printers, mounters, inspection systems, and software for high-speed surface-mount and hybrid assembly.
American Standard/Sunstone Circuits to Exhibit at the Northwest Electronics Design & Manufacturing Expo (NEDME) 2024
10/22/2024 | ASC SunstoneASC Sunstone Circuits is excited to announce that we will be exhibiting at the upcoming Northwest Electronics Design & Manufacturing Expo (NEDME) on Wednesday, October 30, 2024.
SIA Applauds CHIPS Incentives for Hemlock Manufacturing Expansion in Michigan
10/22/2024 | SIAThe Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer applauding semiconductor manufacturing incentives announced by the U.S. Department of Commerce and Hemlock Semiconductor (HSC).
Adolfo Juri Elettronica Industriale SA Selects Delvitech’s 3D AI-based AOI Solutions
10/21/2024 | DelvitechAdolfo Juri Elettronica Industriale SA, a trusted name in Swiss electronics manufacturing for 60 years, is thrilled to announce a significant upgrade to its SMT production lines with the addition of the cutting-edge Delvitech Aton 3D AOI system.