Risk Factors Update Summary
- The company announced the sale of Shanghai Backplane Assembly, impacting future financial results.
- The consolidation of manufacturing facilities may not achieve expected profitability due to economic conditions.
- The conflict between Russia and Ukraine and Israel and Gaza Strip may affect operations.
- Sales to EMS companies decreased from 37% to 31%, impacting net sales.
- A non-cash goodwill impairment charge of $44.1 million was recorded in 2024.
- Aerospace and defense sales increased from 35% to 45% of total net sales.
- The company announced plans to construct a new advanced technology PCB manufacturing facility.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1116942&owner=exclude
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