PCB and EMS Fields Carry on Expansion
Industrial and manufacturers are experiencing encouraging trends. As indicated by IPC, PCB and EMS Markets in North America extended to expose positive progression during the summer time of 2016. The records is dependant on three-month rolling averages.
Semiconductor manufacturers have been facing a bad period of time, nonetheless data proposed by IPC demonstrates the turn-around for semi-conductor shipments started off in April 2016, with exciting indications of recovery. Seeing as gross sales in the PCB and EMS markets accelerated, firms across the board believed the constructive strength.
Small cap companies such as Cemtrex Inc. have had good results a good deal from the rehabilitation in the PCB industry. Cemtrex provides PCB assembly services along with devices for industrial processes, and industrial environmental control systems. At the begining of August, the provider unveiled that net sales for the three months ended June 30, 2016 grew 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.
Recently, Cemtrex has been lively in expanding operations overseas . Earlier this month, the firm released that it has fully incorporated with the newly obtained Periscope, an electronics manufacturing company located within Paderborn, Germany. With the integration accomplished , Cemtrex secured a wider base and bigger market share in the Eurozone and declares that it is becoming one of the top 20 EMS companies in Germany.
Larger cap suppliers just like Intel and Advanced Micro Devices have both been recovering from a stable at best in 2015. Shares of Intel and AMD surged by close to 25% and 65%, respectively, ever since May.
Intel has required to enhance its portfolio of products to get a bigger selection of devices, and lately acquired Movidius Technology. Movidius is an expert in innovative devices which are entering the core just like drones, virtual reality headsets and many more.
Texas Instruments Inc. plays a top role in the PCB business, as being a huge semiconductor company operating in 35 all over the world. TI manufactures communication equipment, business enterprise systems, and even hardware for industrial purposes and personalized electronics. Shares raised 22% since May.
QUALCOMM is much more renowned for development and commercialization of hardware, designing PCB for digital communication technology. The enterprise also develops and commercializes an assortment of other technologies used in mobile devices and tablet computers. Shares of QUALCOMM rose by close to 25% since May.