PCB and EMS Industries Continue Progression
Industrial and manufacturing companies are seeing encouraging trends. Based upon IPC, PCB and EMS markets in North America extended to expose confident advancement over the summer time of 2016. The information will be based upon three-month rolling averages.
Semiconductor manufacturers have been enduring a challenging time period, nevertheless data presented by IPC demonstrates the turnaround for semi-conductor shipments started out in April 2016, with exciting symptoms of recuperation. Seeing as gross sales in the PCB and EMS markets grew, companies all round were feeling the impressive strength.
Small cap manufacturers such as Cemtrex Inc. have had good results significantly from the recovery in the PCB field. Cemtrex provides PCB assembly services as well as devices for fabricating processes, and industrial environmental control systems. During the early August, the company said that net sales for the 90 days ended June 30, 2016 raised by 69% to $24.7 million from $14.67 million for the 90 days ended June 30, 2015. Shares of the company since early May have even more than doubled.
Just lately, Cemtrex has been active in expanding operations around the globe . Earlier this month, the business published that it has properly incorporated with the freshly obtained Periscope, an electronics manufacturing company in Paderborn, Germany. With the integration finalized , Cemtrex protected a wider base and bigger market share in the EU and states that it has become on the list of top 20 EMS enterprises in Germany.
Greater cap suppliers like Intel and Advanced Micro Devices have both been recuperating from a stable at best in 2015. Shares of Intel and AMD surged by around 25% and 65%, respectively, since May.
Intel has found it necessary to boost its portfolio of products to apply for a bigger collection of devices, and lately acquired Movidius Technology. Movidius is an expert in new devices which are getting into the core including drones, virtual reality headsets plus more.
Texas Instruments Inc. performs a major role in the PCB business, as being a global semiconductor company running in 35 countries around the world. TI fabricates communication equipment, venture systems, plus hardware for industrial purposes and private electronics. Shares boosted 22% from May.
QUALCOMM is more recognized for development and commercialization of hardwarehardware components, designing printed circuit boards for digital communication technologies. The corporation equally develops and commercializes many different other technologies utilized in cellular phones and tablet computers. Shares of QUALCOMM raised by close to 25% since May.