PCB and EMS Industries Continue Expansion
Industrial and manufacturing companies are seeing constructive advancements. As outlined by IPC, PCB and EMS industries in The United States carried on to state confident enlargement across the summer of 2016. The information will be based upon three-month rolling averages.
Semiconductor manufacturers have been struggling with a rough phase, nonetheless data offered by IPC reveals the turnaround for semi-conductor shipments started out in April 2016, with positive indication of retrieval. For the reason that sales and profits in the PCB and EMS industries grew, enterprises in general have felt the helpful impetus.
Small cap companies
Small cap companies just like Cemtrex Inc. have reaped the benefit a whole lot from the recovery in the PCB market. Cemtrex supplies PCB assembly services along with instruments for manufacturing processes, and industrial environmental control systems. At the beginning of August, the corporation proclaimed that net sales for the ninety days ended June 30, 2016 improved by 69% to $24.7 million from $14.67 million for the 90 days ended June 30, 2015. Shares of the company since start of the May have even more than doubled.
Just recently, Cemtrex has been energetic in expanding operations offshore . Earlier this month, the firm unveiled that it has entirely incorporated with the freshly purchased Periscope, an electronics manufacturing firm situated in Paderborn, Germany. With the incorporation performed , Cemtrex protected a wider base and greater market share in the EU and states that it is becoming one of the top 20 EMS businesses in Germany.
Larger cap firms
Larger cap firms such as Intel and AMD have both been recovering from a stable at best in 2015. Shares of Intel and AMD increased by around 25% and 65%, respectively, since May.
Intel has found it necessary to supercharge its portfolio of products to go for a bigger variety of devices, and just lately acquired Movidius Technology. Movidius centers on latest devices that are entering the core such as drones, virtual reality headsets plus much more.
Texas Instruments Inc. plays a major role in the PCB industry, as a world-wide semiconductor firm doing business in 35 all over the world. TI makes communication equipment, venture systems, and even hardware for industrial purposes and individual electronics. Shares boosted 22% since May.
QUALCOMM is far more famous for development and commercialization of hardwarehardware, designing PCB for digital communication technology. The company in addition develops and commercializes a large selection of other technologies utilized in cell phones and also tablets. Shares of QUALCOMM increased by close to 25% ever since May.