Printed Circuit Boards and Electronics Manufacturing Services Resume Growth

21 Sep, 2016, 09:00 ET from FinancialBuzz.com

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.

For "The Latest Buzz in Financial News", SIGN UP & Visit: http://www.FinancialBuzz.com

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com  

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and pr marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site for advertising such companies. Financialbuzz.com has been compensated three thousand dollars for financial news pr services by a non-affiliated third party. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting the high quality and sophisticated content on this site along with other financial news pr media services. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof.  The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security.  FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print.  Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

For further information:

Media Contact: Danny Abramov, info@financialbuzz.com, +1-877-601-1879

SOURCE FinancialBuzz.com