PCB and EMS Industries Resume Growth


Reading time ( words)

Industrial and manufacturing companies are witnessing positive developments. According to IPC, PCB and EMS industries in North America continued to report positive growth over the summer of 2016. The data is based on three-month rolling averages.

Semiconductor companies have been going through a rough period, yet data provided by IPC shows that the turnaround for semiconductor shipments started in April 2016, with encouraging signs of recovery. As sales in the PCB and EMS industries accelerated, companies across the board felt the positive momentum.

Small cap companies like Cemtrex Inc. have benefited a great deal from the recovery in the PCB market. Cemtrex provides PCB assembly services as well as instruments for industrial processes, and industrial environmental control systems. In early August, the company announced that net sales for the three months ended June 30, 2016 increased by 69% to $24.7 million from $14.67 million for the three months ended June 30, 2015. Shares of the company since early May have more than doubled.

Recently, Cemtrex has been active in expanding operations overseas. Earlier this month, the company announced that it has fully integrated with the recently acquired Periscope, an electronics manufacturing company located in Paderborn, Germany. With the integration complete, Cemtrex secured a broader base and larger market share in the Eurozone and claims that it has become among the top 20 EMS companies in Germany.

Larger cap companies like Intel and Advanced Micro Devices have both been recovering from a stable at best in 2015. Shares of Intel and AMD surged by about 25% and 65%, respectively, since May.

Intel has needed to boost its portfolio of products to apply for a wider range of devices, and recently acquired Movidius Technology. Movidius specializes in new devices that are breaking into the mainstream like drones, virtual reality headsets and more.

Texas Instruments Inc. plays a major role in the PCB industry, being a global semiconductor company operating in 35 countries. TI manufactures communication equipment, enterprise systems, as well as hardware for industrial purposes and personal electronics. Shares surged 22% since May.

QUALCOMM is more known for development and commercialization of hardware, designing printed circuit boards for digital communication technology. The company also develops and commercializes a range of other technologies used in handsets and tablets. Shares of QUALCOMM rose by about 25% since May.

About FinancialBuzz.com  

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Share

Print


Suggested Items

I-Connect007 Editor’s Choice: Five Must-Reads for the Week

04/30/2021 | Nolan Johnson, I-Connect007
This week’s biggest news came in the form of industry briefings—there were a lot of them and the news was universally positive. The news you need to read for this week includes three reports from IPC detailing: the strength and risks in the global economic recovery; a strong EMS book-to-bill ratio; and strong North American PCB sales. Zeroing in on a single company, Apple reported a significant jump in revenue.

I-Connect007 Editor’s Choice: Five Must-Reads for the Week

04/23/2021 | Andy Shaughnessy, I-Connect007
This week, we bring you a wide swath of news, columns, and articles from the past week. Altium announced a new cloud platform that connects design stakeholders with users of its Altium 365 environment. Cadence Design Systems has acquired a company that develops computational fluid dynamics technology to help expand its system analysis offerings.

A Show Full of Opportunities

04/16/2021 | Tara Dunn, Averatek
Looking back to my notes from IPC APEX 2020, I noticed one of my comments: There were so many interesting sessions that I often found myself in the position of choosing between several that I wanted to attend in the same timeslot. This year was not any different in that regard. I am purposely glossing over the fact that I, like many of my friends, missed the camaraderie and opportunity to catch up in person while attending these technical sessions, and I look forward to being able to do that next year.



Copyright © 2021 I-Connect007. All rights reserved.