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Vera Yuan
Vera Yuan
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Wasatch International Growth Fund Comments on LPKF Laser & Electronics AG

August 11, 2014 | About:

Though we have yet to see a strong resurgence of capital expenditures and manufacturing in Europe, we think our investment in LPKF Laser & Electronics AG (XTER:LPK) is an example of a tech company that improves manufacturing. LPKF makes lasers used in the production of smart phones, iPads, automobiles and running shoes. Laser manufacturing is becoming an essential technique that will replace conventional tools in the production of miniature and highly complex products. While LPKF is based in Germany, a significant portion of the company’s sales are to manufacturers in Asia.

From Wasatch International Growth (Trades, Portfolio) Fund Q2 2014 Commentary.

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