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Getting to Know Your Designer
In this issue, we examine how fabs work with their design customers, educating them on the critical elements of fabrication needed to be successful, as well as the many tradeoffs involved. How well do you really know your customer? What makes for a closer, more synchronized working relationship?
In this issue, the biggest names in PCB manufacturing share their economic outlook for the upcoming year and beyond. As you will see, they were all bullish on our industry, but there was some apprehension as well. No one wants to get burned by another the supply chain disruption.
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Tongtai Reports Revenue Drop in OctoberNovember 16, 2022 | Tongtai Machine & Tool Co., Ltd.
Estimated reading time: Less than a minute
Tongtai Machine & Tool Co., Ltd. reports its October consolidated revenue at NT$0.684 billion, down 22% month-over-month and down 3% year-over-year. Its year-to-October revenue reached NT$6.821 billion which was down 14% from year-on-year. Revenue decline was negatively affected by weaker market demand and inventory adjustment from supply chain.
As a whole, the revenue from machine tools accounts for 94%, printed circuit board (PCB) accounts for 6%, and the order in hand are about NT$4.4 billion. In terms of application, the automobile and motorcycle industry accounts for 40%, the processing industry accounts for 9%, the aerospace industry accounts for 8% and the electronics industry accounts for 6%. In terms of market area performance, Taiwan and China are the main market, accounting for 59%, other Asia regions account for 16%, Europe and America account for 25%.
The Honor Seiki Company Ltd. won the 31th National Award of Outstanding SMEs, representing the highest honor on business management, innovation strategies, financial stability, and ESG sustainable development. Honor?Honor, to be your partner?and fundamentally Honesty, Faith and Sustainable development. In the future, we dedicated to becoming the top strategic partner of intelligent CNC vertical lathe industry.
Collins Aerospace, an RTX business, has been selected by Air India for a full suite of avionics hardware catering to the airline's expanding Boeing 737 MAX fleet.
Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.
With such an extremely newsy week, it was hard to select just five items you absolutely must read, but here goes. We have advocacy news from PCBAA and IPC, global market data on AI PC and GenAI smartphone hardware, a roundtable discussion on sales and marketing, a bookended pair of international milaero stories emphasizing a healthy aerospace industry, and an industry report on global semiconductor sales.
Honeywell announced it will invest $84 million to expand its Olathe manufacturing facility in Kansas. The project, which is expected to generate nearly $47 million in total gross domestic product (GDP) and contribute $18.3 million to state and local taxes in the first six years, supports the company's alignment with the compelling megatrend of the future of aviation.
Ventec International Group Co., Ltd. is pleased to announce that its VT-901 polyimide material is now fully and exclusively qualified by ESA in ACB Belgium’s manufacture of High-Density Interconnect (HDI) Printed Circuit Boards.