Devil’s in the (Dynamic) Details

While I remain unconvinced the acquisition of Coretec was the right move at this time, I must applaud DDi for its deft moves to bring the company four straight quarters of net profits in 2009. That’s not something many publicly traded board shops can brag about.

Something to watch going forward is whether the company ups its capex spending. For obvious reasons, 2009 should be considered an outlier, but DDi’s capex budget was $3.6 million on $158 million in sales, or roughly 2.3 of revenues%. Given the need for companies like DDi to remain ahead of the technology curve, that number probably needs to rise going forward.

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About Mike

Mike Buetow is president of the Printed Circuit Engineering Association ( He previously was editor-in-chief of Circuits Assembly magazine, the leading publication for electronics manufacturing, and PCD&F, the leading publication for printed circuit design and fabrication. He spent 21 years as vice president and editorial director of UP Media Group, for which he oversaw all editorial and production aspects. He has more than 30 years' experience in the electronics industry, including six years at IPC, an electronics trade association, at which he was a technical projects manager and communications director. He has also held editorial positions at SMT Magazine, community newspapers and in book publishing. He is a graduate of the University of Illinois. Follow Mike on Twitter: @mikebuetow