GARBSEN, GERMANY – LPKF today reported net profits rose 149% year-over-year to record levels.

BANNOCKBURN, IL – North American printed circuit fabricators reported February shipments were up 11.1% year-over-year, as orders decreased 4.1%.

The book-to-bill ratio in February slipped to 0.95, says IPC. A ratio of more than 1.0 suggests current demand is ahead of supply, which is a positive indicator for sales growth over the next two to three months.

February rigid printed circuit board shipments were up 11.4%, and orders fell 7.3% year-over-year. Flex circuit shipments were up 8.3%, and orders grew 36.3% compared to February 2010.

Through February, PCB shipments were up 7.8%, and orders were down 5.3%. Sequentially, circuit shipments increased 12.9%, and orders rose 7%.

Rigid shipments were up 7.7 %, and orders declined 7.5%. Sequentially, rigid shipments increased 13.2%, and orders were up 6.4%. Flex shipments increased 9.4%, and orders were up 19.7%. Sequentially, flex shipments increased 9.3%, and orders rose 12.6%. The rigid book-to-bill dipped to 0.94, while flex book-to-bill jumped to 1.10.

Rigid PCB sales have been growing faster than orders for the past six months, while the opposite is happening in the flexible circuit segment, IPC said.

Rigid circuits represent an estimated 89% of the current industry in North America. In February, 24% of the sales were to the military market. Rigid board producers reported military sales accounted for 23% of sales for the month, and flex circuit producers reported 38% military sales.

In February, 77% of total PWB shipments reported were domestically produced. Domestic production accounted for 76% of rigid and 88% of flex shipments. 

TATABANYA, HUNGARY – Electronics manufacturing services firm Sanmina-SCI’s local subsidiary is hiring 150 staff to meet rising demand, according to local reports.

The site currently employs some 1,000 employees, and is back to pre-2008 levels after halving the headcount during the recession.

Revenues will return to pre-crisis levels by the end of 2011, the firm says.

SOUTH PLAINFIELD, NJ – Strong global demand for metals such as tin and silver is driving up metal costs to all time highs, says Alpha.

Investors relying particularly on silver as an alternative investment are creating an additional price pressure, says the firm.

In early March silver surged to more than $36 per troy ounce.

In March 2007, tin had surged from $7,000 metric ton to $14,000 per metric ton. Today's levels are more than $28,000 per metric ton, says Alpha.