Double-digit growth & better profitability

Salcomp’s business environment, mobile phone and tablet markets are expected to experience only limited volume growth in 2016. Despite, the company is forecasting double-digit growth.

Increasing fast charger penetration is expected to increase charger ASPs and consequently smartphone charger market (in USD) still enjoys double-digit growth in 2016. Salcomp has built a strong reputation in fast charging solutions and won several projects. The fast chargers account for the majority of the budgeted growth in 2016 and the company expects this business line will support its overall double-digit growth target. Nokia (Microsoft) used to be the most important customer for Salcomp. The management however has prepared plans for scenarios in which Microsoft’s volume further declines. Microsoft’s declining volumes are expected to be the most drastic for Salcomp India. Fortunately, India is one of the fastest growing smartphone markets globally and Salcomp sees market conditions for local trade as favourable. The current economic climate is challenging but Salcomp believes the Brazil economy - where the company has a facility in Manaus - has bottomed out and is returning to growth latest in 2017.

One of the significant questions facing the IC industry in the second half of 2019 is if and when the DRAM market will rebound.

The steadily growing volumes of sold product, as well as the global orientation of the...

DRAM/NAND prices will be affected - short term - by the Japan-South Korea trade tension...

Cogiscan Inc. has partnered with Saki Corporation to expand the latter’s manufacturing software...

Mycronic has received an order for a mask writer from the Prexision series for display...

Bernd Flossbach has rejoined Ventec International as Technical Sales Representative for...

The Cambridge-based GOEPEL electronics Ltd. has added a new Technical Sales Engineer...

Viscom says that it has invested in the development and production of microfocus X-ray...

Aismalibar says it is consolidating its presence in Asia, opening a 5,000 square...

AT&S continues to expand its business with IC substrates and intends to build a new plant at the location in Chongqing (China) and to expand the existing capacities at the Leoben (Austria) plant.

SMT Thermal Discoveries is expanding its presence in Asia with the opening of the branch...

Kitron is reporting strong growth and record operating earnings in the second quarter, led by the...