NEW YORK, September 21, 2016 /PRNewswire/ --
Industrial and manufacturing companies are witnessing positive
developments. According to IPC.org, an organization connecting and
providing data on electronics industries, printed circuit board
(PCB) and electronics manufacturing services (EMS) industries in
North America continued to report
positive growth over the summer of 2016. The data is based on
three-month rolling averages. Cemtrex Inc. (NASDAQ:
CETX), Intel Corporation (NASDAQ: INTC), Advanced Micro
Devices, Inc. (NASDAQ: AMD), Texas Instruments
Incorporated (NASDAQ: TXN), QUALCOMM, Inc. (NASDAQ:
QCOM)
Semiconductor companies have been going through a rough period
of time, yet data provided by IPC.org 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. (NASDAQ:
CETX) have benefited a great deal from the recovery in the PCB
market. Cemtrex provides electronic manufacturing services of
printed circuit board assemblies 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 $24,714,853 from
$14,665,748 for the three months
ended June 30, 2015. Shares of the
company since early May have more than doubled.
Recently Cemtrex Inc. (CETX) 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 in the printed circuit board industry like
Intel Corporation (NASDAQ: INTC) and Advanced Micro
Devices, Inc. (NASDAQ: AMD) have both been recovering from a
stable at best 2015. Shares of Intel and AMD surged by about 25%
and 65% respectful 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 Incorporated (NASDAQ: TXN) is less
known in the field, yet plays a major role in the printed circuit
board industry as a global semiconductor company operating in
35 countries 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, Inc. (NASDAQ: QCOM) 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 about 25% since
May.
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