Harman International Industries Incorporated (HAR) is seeing significant growth opportunities in Asian markets, particularly China and India. President, Chairman and CEO Dinesh C Paliwal recently stated that the company expects its earnings from China to exceed $1 billion over the next five years. Revenue from India is expected to reach $250 million during the same time period.  Management also announced the opening of a new R&D center in the Huang Pu commercial district of Shanghai yesterday, which is expected to complement its existing manufacturing facilities in Suzhou and Shenzhen. We think this is an effective way of reducing costs, as R&D engineers typically command higher pay than manufacturing personnel. The company’s current workforce in China is approximately 1000.  Simultaneously, the company launched its latest generation, scalable automotive infotainment system, which has been designed over the past year in Asia, Europe and the US. The product will ...

Multi-Fineline Electronix, Inc. (...

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You know when your sales for 2007 are $2.2 billion that you’re doing something right. That’s the case for Cleveland, Ohio based Ferro Corporation who garnered those kinds of numbers last year. Trading on the New York Stock Exchange (NYSE), Ferro is a worldwide supplier of technology-based performance materials for manufacturers. They are part of the Specialty Chemical industry and manufacture and sell their products in over 100 countries through the efforts of approximately 6,300 employees.

Ferro’s materials enhance the performance of products in diverse end-market applications. These are electronics, solar energy, telecommunications, pharmaceuticals, building and renovation, appliances, automotive, household furnishings, and industrial products, among others. The company operates a variety of businesses.

Their Electronic Material Systems segment develops, manufactures, and markets high-purity powders, pastes, and tapes for many electronic applications. Their Color & Glass Performance Materials business supplies glass colors and coatings for automotive, flat, and container glass in the global

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Multi-Fineline Electronix recently reported record third quarter sales of its circuits as its customers see strong demand for smartphones and other electronic devices. The company has posted strong earnings surprises in 3 out of the last 4 quarters, beating by an average of 182.32%. Its forward P/E is only 10.66.

Company Description

Multi-Fineline Electronix, Inc. (MFLX), which calls itself MFLEX, is one of the world's largest producers of flexible printed circuits (FPC) and flexible printed circuit assemblies (FPCA).

The company's products are used in mobile phones, smart mobile devices, portable bar code scanners, personal digital assistants, computer/storage devices, and medical devices. MFLEX, headquartered in Anaheim, Cal., also has operations in Suzhou, China.

MFLEX Posts Record Third Quarter Revenue

On Aug 5, Multi-Fineline reported its third quarter sales jumped 61% to a third quarter record, and the second highest in company history, of $167.6 million from $104.1 million

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