North American PCB Industry Grows in Stature; Decent Global End Market Demand but Bloated Chip Inventories

摘要

There was some big news in early August: TTM Technologies acquired Tyco Printed Circuit Group business unit from Tyco International for $226 million. "The acquisition of Tyco Printed Circuit Group makes us a leader in the attractive military/aerospace sector of the PCB industry," stated Kent Alder, President and CEO of TTM Technologies. "We also are expanding our presence in the quick-turn and high-mix sectors of the PCB marketplace. Together, we have a more diversified customer base, broader end-market exposure, and expanded capabilities to service customers. And the combination makes us the largest PCB manufacturer in North America with annualized sales in excess of $650 million."