Photon Dynamics to exit PCB & assembly market
by
Jan 30, 2003
After a comprehensive analysis, Photon Dynamics has decided to exit the printed circuit board assembly (PCBA) inspection market. The business segment will be treated as a discontinued operation beginning in Q2, and a write-down of goodwill, intangible and fixed assets has been taken in Q1 of fiscal 2003. With the forecasted growth in the flat panel display industry over the next several years, and the extended downturn projected in the PCBA and overall electronics market, we have concluded that the optimal investment opportunities and returns on investment are in our core flat panel display business," stated Spedden. Source: PCBnewsline
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