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Report: Elite Material Co. Investing RM900 Million in Penang Facility

06/21/2024 | I-Connect007 Editorial Team
According to reports, Elite Material Co. (EMC), a copper-clad laminate manufacturer based in Taiwan, is investing RM900 million (US$191 million) in its Penang Science Park North facility. The first of two phases of construction on the 13-acre site is expected to be completed in the first half of 2025, and production should begin in Q2 of next year.

Compeq Hits Fifth Straight Month of YoY Growth

06/19/2024 | Compeq
Taiwanese PCB manufacturer Compeq Manufacturing Co. Ltd posted May 2024 sales of NT$5.7 billion ($176 million), up by 20.4% year-on-year (YoY). Despite declining by 2.65% from the previous month, Compeq's May sales is the company's fifth straight month of registering year-on-year growth.

Omdia: Mini LED backlight LCD display expected to surpass OLED display in 2025

06/19/2024 | PRNewswire
According to the latest Omdia Mini LED Backlight Market Tracker, LCD TV display equipped with mini-LED backlight unit will be reaching 6.2 million units in 2024. During the same year,

Global Semiconductor Fab Capacity Projected to Expand 6% in 2024 and 7% in 2025

06/18/2024 | SEMI
To keep pace with unremitting growth in demand for chips, the global semiconductor manufacturing industry is expected to increase capacity by 6% in 2024 and post a 7% gain in 2025, reaching a record capacity high of 33.7 million wafers per month (wpm: 8-inch equivalent), SEMI announced today in its latest quarterly World Fab Forecast report.

Incap Paid an Additional Earn-Out of $3M to the Sellers of Pennatronics

06/17/2024 | Incap
In July 2023, Incap acquired Pennatronics Inc., an electronics manufacturing services company located in Pennsylvania, USA. The acquisition agreement included a potential additional earn-out based on Pennatronics' EBITDA for the financial year ended March 2024.
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