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GCT GmbH Reports Sales Up 84%

GCT GmbH in Weingarten reported a YoY net sales increase of 84% in 2010.

The crucial factors were the world wide great demand for diamond coated drills and routers for the mechanical processing of pcb (IMS) for power electronics as well as the capacity increase by building up or own diamond coating production. IMS - Insulated Metallic Substrates – based on aluminum or copper are mainly used in the automotive and solar technology as well as for LED applications. The highest growth rates were realized with two products which we introduced 2 years ago for the mechanical processing of IMS: - diamond coated 2-flute end mill sales increases of 1135% - diamond coated drill sales increases of 1040% Meanwhile the world wide sale except Europe has a share of 72%. Beside China as principal customer, Taiwan, Korea and USA have become very important markets for GCT.

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April 15 2024 11:45 am V22.4.27-1
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