Innovex, Inc. works on flexible circuit interconnect solutions to original equipment manufacturers (OEMs) in the electronics industry manufacturingelectrical components for the computer, data storage, consumer, medical, telecommunications and other electronic industries. The Company offers a full range of customized flexible circuit applications and services from initial design, development and prototype to fabrication, assembly and test on a global basis. It targets markets where miniaturization, form and weight are driving factors and flexible circuits are an enabling technology. Applications for flexible circuits addressed by the Company include data storage devices such as hard disk drives (HDDs), flat panel displays (FPD) including liquid crystal displays (LCDs) for mobile communication devices, tape drives and printers. The Companys customers include Entorian, Hitachi, HP, TPO, Quantum, SAE Magnetics, Samsung, Seagate, StorageTek, Western Digital and other electronic OEMs.
Flexible circuit interconnects provide electrical connection between components in electronic systems and are increasingly used as a platform to support the attachment of electronic components. Flexible circuits consist of copper conductive patterns on flexible substrate materials, such as polyimide. Flexible circuit interconnects frequently incorporate components, such as integrated circuits (ICs), connectors, stiffeners, resistors and capacitors mounted directly on a flexible circuit. Flexible circuits offer several advantages over other technologies such as rigid printed circuit boards (PCBs) and ceramic hybrid circuits, particularly for small, complex electronic systems. Flexible circuits, due to their mechanical flexure and three-dimensional shape, accommodate packaging contours and motion in a manner that traditional two-dimensional, rigid PCBs cannot, particularly in applications involving smaller, more portable and complex electronic devices where space available to designers is at a premium. The Company competes with 3M Company for high-end technology applications, and NOK (Nippon Mektron), Fujikura Ltd., Multi-Fineline Electronix, Inc. (M-Flex) and Sumitomo for standard flex and assembly application