PCB and EMS Markets Continue Progression
Industrial and fabrication companies are experiencing beneficial progress. As reported by IPC, PCB and EMS industries in United States carried on to claim optimistic growing throughout the summer time of 2016. The facts is based on three-month rolling averages.
Semiconductor firms have already been enduring a difficult phase, but data presented by IPC demonstrates that the turnaround for semi-conductor shipments began in April 2016, with positive signs and symptoms of restoration. Just as sales in the PCB and EMS markets accelerated, companies in general felt the positive strength.
Small cap companies just like Cemtrex Inc. have reaped the benefit considerably from the restoration in the PCB field. Cemtrex provides PCB assembly services and also equipments for fabricating processes, and industrial environmental control systems. At the begining of August, the firm publicized that net sales for the ninety 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 the beginning of May have greater than doubled.
A short time ago, Cemtrex has been energetic in expanding operations worldwide . Earlier this month, the enterprise declared that it has wholly integrated with the lately obtained Periscope, an electronics manufacturing firm in Paderborn, Germany. With the incorporation ended , Cemtrex protected a broader base and greater market share in the European union and claims that it is now among the list of top 20 EMS corporations in Germany.
Greater cap companies just like Intel and Advanced Micro Devices have both been recuperating from a stable at best in 2015. Shares of Intel and AMD increased by about 25% and 65%, correspondingly, since May.
Intel has needed to enhance its portfolio of products to get a wider collection of devices, and just lately acquired Movidius Technology. Movidius makes a specialty of new devices that happen to be breaking into the mainstream similar to drones, virtual reality headsets plus much more.
Texas Instruments Inc. plays a key role in the PCB industry, being a world-wide semiconductor enterprise doing business in 35 throughout the world. TI manufactures communication equipment, venture systems, and hardware for industrial purposes and personal electronics. Shares increased 22% from May.
QUALCOMM is more recognised for development and commercialization of hardwarehardware components, designing PCB for digital communication technologies. The corporation in addition develops and commercializes an array of other technologies utilised in mobile phones and tablets. Shares of QUALCOMM raised by nearly 25% since May.